8709 South Escanaba Avenue, Chicago, IL

$224,900

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8

Beds

4

Baths

About 8709 South Escanaba Avenue

Located on the East Side this jumbo 4 unit building offers tons of cash flow potential to a buyer seeking a passive investment and is not a building which should be overlooked! Can look at this building in two scenarios, live in one unit and rent the other three out while creating cash flow or rent all four units out, either way this is a win win situation! Each unit is very spacious with 2 bedrooms per unit, large living room area, spacious kitchen area and overall good size! There are minor updates needed to the units but the potential for value add is there! There is a parking pad on the rear of the lot, build a garage and add value to the building, the basement is unfinished, duplex the first floor units down to create more equity upside! Any way you look at this building this is a win win situation!

Features of 8709 South Escanaba Avenue

MLS® # 12505456
Price $224,900
Bedrooms 8
Bathrooms 4.00
Acres 0.00
Year Built 1888
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 8709 South Escanaba Avenue
Area CHI - South Chicago
City Chicago
County Cook
State IL
Zip Code 60617

Amenities

Parking Spaces 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Aluminum Siding, Frame

School Information

District 299

Additional Information

Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned Yes

Listing Details

OfficeRE/MAX Premier
Contact Infogoldcoast@remaxpremierchicago.com

Listing Map

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