8559 South Escanaba, Chicago IL 60617
- Units 4
- Total Beds 10
- Total Baths 4
- Taxes $2,954
- Payment Estimate View Mortgage Calculator
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Property Description
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 & Information
Key Details
- List Price $229,000
- Property Taxes $2,954
- Price/ Sq. Ft. Unavailable
- Year Built 1913
- Parking Type Space/s
- Status New
Rooms
- Total Rooms 17
- Basement F
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 2
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 None
- Unit 2 None
- Unit 3 None
- Unit 4 None
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property From N, Take King Drive South To S. Chicago Ave., Slight Left On 87th, Turn Left Onto Escanaba Ave. Arrive At Address.
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 2954
- Tax Year 2023
- Parcel Identification Number 21314180440000
Utilities
- Sewer Sewer-Publ
Listed by: Compass | Phone: 773.466.7150
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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