9018 S Houston Avenue, Chicago IL 60617
Property Description
Legal 4-unit property in South Chicago featuring a rare, self-contained ADU - and an outstanding investment opportunity! The main building offers a 3-bedroom/1-bath on the first floor and two 2-bedroom/1-bath units on the upper floors, each with a full living room, dining room, kitchen, and pantry. The 2nd floor unit was fully rehabbed in 2025. All units are separately metered, keeping operating costs low for the owner. The ADU features its own entrance, full basement, updated electric and plumbing, a furnace under 4 years old, and laundry hookup - a truly turnkey additional income stream that is hard to come by in this market. Additional features include a 3-story rear deck, entertainer's concrete pad, alley-access exterior parking, modern green siding, and a front deck makeover currently pending city approval. Major mechanicals include a 2018 HVAC, 2010 roof, and insulated attic. Most appliances are included. Ideally suited for investors seeking strong rental income or owner-occupants looking to house hack. Located less than 5 minutes from the Quantum Computing & Microelectronics Park, Lake Shore Drive, I-90, and the Chicago Skyway. Walking distance to Bessemer Park, the South Chicago Branch Public Library, and everyday shopping and dining.
Features & Information
Key Details
- List Price $450,000
- Property Taxes $4,292
- Status New
- List Market Time 3
Units
-
Unit 1
- Floor 1
- Rooms 3
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Washer, Dryer, Laundry Hook-Up, Accessible Entrance
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 00/00
-
Unit 2
- Floor 2
- Rooms 3
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator, Oven/Built-in
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 00/00
-
Unit 3
- Floor 3
- Rooms 3
- Beds 2
- Baths 1
- Appliances None
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 00/00
-
Unit 4
- Floor 4
- Rooms 2
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 00/00
Exterior Features
-
Parking
- # of Cars: 1
Building Information
- Number of Units 4
- Age of Building 81-90 Years
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property East On 87th Turn Left Going South On Houston 3 Blocks
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4291.63
- Tax Year 2025
- Tax Exemptions Homeowner,Other
- Parcel Identification Number 26062240230000
Listed by Leo Sanchez for Realty of America, LLC | 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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