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8632 S Escanaba Ave

Chicago IL 60617

6
3
7
Multi-Family
Currently for sale - view listing

Overview

This property is an excellent opportunity for first time homebuyers who want an affordable path to homeownership. This three unit flat is located in a steadily improving neighborhood on the Southeast Side of Chicago and offers strong long term potential. Each unit includes appliances and features a comfortable two bedroom one bathroom layout. For first time buyers, this is an ideal chance to live in one unit and use the rental income from the other two units to help lower your mortgage. All three units are currently occupied by dependable tenants, which also makes this a solid option for investors seeking immediate rental income. The building provides spacious units and there is consistent rental demand in this area. As the neighborhood continues to improve, the property is well positioned for future appreciation. Whether you are purchasing your first home or looking to expand your real estate portfolio, this turn key three flat offers value, stability, and long term opportunity.

Features

6 bedrooms
3 bathrooms
7 carspaces
2 garage spaces
Multi-Family

Property history for 8632 S Escanaba Ave

2021
Sold
$247,000
15 Apr 2021 by Stratos Rounis, of SR Realty Group Inc.
2019
Sold
$52,500
30 Dec 2019 by Anthony Disano, of Parkvue Realty Corporation
2019
Sold
$52,500
30 Dec 2019 by Val Laborevitch, of Realhome Services & Solutions, Inc.

Happy sellers in Chicago

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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.

Local market activity for 6 bedroom multi families in Chicago

In the last 12 months, 29 six-bedroom multi families similar to 8632 S Escanaba Ave, have been sold.

This represents a 40% increase in six-bedroom multi families sales when compared to the previous 12 months.

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