8709 South Escanaba Avenue

Chicago IL 60617

Multi-Family

Last sold for $217,420

Ryan Smith, last sold this property on 29 January 2026 after 568 days on market.

Overview

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

8 bedrooms

4 bathrooms

2 carspaces

Multi-Family

Estimated Value

Based on this property and similar 8 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 8709 South Escanaba Avenue is $227k.

Median value

$227k

Estimated value range

$95k - $485k

Median days on market

Estimated value trend

-14%

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 8709 South Escanaba Avenue

2026

Sold

$217,420

29 Jan 2026 by Ryan Smith, of RE/MAX

2021

Sold

$135,000

12 Jan 2021 by Michael Applegate, of Straight-A Realty, LLC

2008

Sold

$58,000

22 Apr 2008 by Robert O'Hara, of Re/Max Southeast

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.