8501 South Essex, Chicago IL 60617
$349,999

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Property Description

2 unit investment property located on a bright and airy tree-lined block in one of the south sides premier neighborhoods. This property is unparalleled when it comes its finishes and attention to detail. Seamlessly blending classic charm with modern updates. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this turnkey opportunity is ready to deliver immediate value. Each spacious unit features updated kitchens with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry. The bathrooms have been tastefully remodeled with designer tile and modern fixtures. Fresh paint, new flooring, upgraded lighting, and energy-efficient windows throughout give the entire property a fresh, bright, and welcoming feel. The property includes separate entrances and utilities for each unit, providing privacy and convenience. 2 car brick garage equipped with EV charging station and a private backyard round out the amenities, offering comfort and functionality for both tenants and owners alike. Ideally located near shops, restaurants, public transportation, and schools, this duplex is a rare find in today's market. Don't miss the chance to own a fully renovated, income-producing property with style and substance! Sellers agent is licensed IL Real estate agent with interest in the property.

Features & Information

Key Details

  • List Price $349,999
  • Property Taxes $4,092.56
  • Price/ Sq. Ft. Unavailable
  • Year Built 1950
  • Parking Type Garage
  • Status Contingent

Rooms

  • Total Rooms 12
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 71-80 Years
  • Exterior Construction Brick
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Central Air Conditioner, Garage/Space, Laundry Hook-Up
  • Unit 2 Stove, Refrigerator, Central Air Conditioner, Garage/Space

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property 85th To Essex, On The Corner.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 4092.56
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 21313180430000

Utilities

  • Sewer Sewer-Publ

Listed by Melanie Miller for Keller Williams ONEChicago | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/15/2025 5:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Chicago

In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.

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