8559 S Escanaba Ave

Chicago IL 60617

Multi-Family

Last sold for $215,000

Dan Nelson, last sold this property on 18 May 2026 after 438 days on market.

Overview

This legal-brick four-unit building in South Shore offers a clear path for growth and long-term value. The property includes two large three-bedroom units and two two-bedroom units, providing a versatile layout for future tenants, with additional upside in finishing the attic and basement into units. Market rents in the area run $1,700-$1,900/month for 3-beds and $1,250-$1,600/month for 2-beds. CHA voucher rates are $1,630 for 3-beds and $1,270 for 2-beds. South Shore has real momentum. The Obama Presidential Center, 3 miles away, opens in June 2026 and is already pulling attention and investment into the corridor. The proposed Bears stadium and entertainment district is 6.5 miles out, another longer-term tailwind for the South Side. Fantastic bones, great unit mix, and a neighborhood that's moving. This is a home run for the right buyer.

Features

10 bedrooms

4 bathrooms

2 carspaces

Multi-Family

Estimated Value

Based on this property and similar 10 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 8559 S Escanaba Ave is $217.5k.

Median value

$217.5k

Estimated value range

$150k - $256k

Median days on market

Estimated value trend

-47%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8559 S Escanaba Ave

2026

Sold

$215,000

18 May 2026 by Dan Nelson, of Compass

2022

Sold

Undisclosed

12 Oct 2022

2021

Sold

$264,000

15 Sep 2021 by Daryl Hopkins, of Hometown Real Estate

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.