8325 S Saginaw Avenue, Chicago IL 60617
Property Description
Value-add opportunity in the South Chicago neighborhood. This fully occupied legal two-unit building is ideal for investors, rehabbers, or owner-occupants looking to build equity. The first-floor unit features 3 bedrooms and 1 bath, while the second-floor unit offers 2 bedrooms and 1 bath. Situated on an oversized 37-foot-wide Chicago lot with a side driveway and detached 2-car garage, the property offers additional outdoor space and convenient off-street parking. Sold AS-IS. Conveniently located near the future Illinois Quantum & Microelectronics Park, with easy access to transportation, shopping, and neighborhood amenities.
Features & Information
Key Details
- List Price $274,900
- Property Taxes $5,399
- Year Built 1923
- Status New
- List Market Time 3
Units
-
Unit 1
- Floor 1
- Rooms 5
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Microwave, Hardwood Floors
- Rent $1,550/mo
- Tenant Pays Electric,Gas
- Lease Expires MTM
-
Unit 2
- Floor 2
- Rooms 5
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator, Hardwood Floors
- Rent $1,270/mo
- Tenant Pays Electric,Gas
- Lease Expires MTM
Exterior Features
-
Parking
- # of Cars: 4
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property From 83rd Street, Head South On S. Saginaw Avenue. Property Is On The East Side Of The Street.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 5398.91
- Tax Year 2025
- Tax Exemptions None
- Parcel Identification Number 21313050070000
Listed by Brian Somera for Coldwell Banker Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/14/2026 11:32 AM. 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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