8705 South Saginaw, Chicago IL 60617
$560,000

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Property Description

Great opportunity for investors or owner-occupants looking to maximize rental income potential! This unique multi-unit property features a main building with two spacious duplex units plus a separate coach house, offering multiple streams of income. The first duplex combines the main level with the basement and offers 6 bedrooms and 2 bathrooms, providing ample space for large households or strong rental demand. The second duplex connects the upper level with the attic and features 5 bedrooms and 2 bathrooms, and was fully remodeled and includes updates such as newer furnace and AC recharger, new carpet, new countertops, paint, refinished hardwood floors, bathrooms, etc. making it move-in ready for tenants. In addition, the coach house in the rear includes 2 bedrooms and 1 bathroom that was fully renovated in 2025, creating an excellent opportunity for additional rental income or extended living. Coin laundry in basement was also recently remodeled. With its high bedroom count and three separate living spaces, this property presents outstanding cash flow potential for investors looking to maximize returns or for homeowners who want the tenants in the other units to help with the mortgage. The rental income potential in this building is truly exceptional and you don't want to miss this opportunity!

Features & Information

Key Details

  • List Price $560,000
  • Property Taxes $4,210.23
  • Price/ Sq. Ft. Unavailable
  • Year Built 1919
  • Parking Type None
  • Status Active

Rooms

  • Total Rooms 25
  • Basement P

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator
  • Unit 3 Stove, Refrigerator

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property 87th Street East Of Yates To Saginaw & South To Property On East Side Of Street.
  • Schools

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

  • Tax 4210.23
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 26061050020000

Utilities

  • Sewer Sewer-Publ

Listed by: YUB Realty Inc | Phone: 773.716.3799
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/17/2026 6:32 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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