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Duplex with Detached Garage
New
For Sale
$235,000

8233 S Escanaba Ave, Chicago, IL 60617

Two-unit residential property with matching layouts, an unfinished basement, and convenient access to Lake Michigan amenities.

Property SizeContact for details
Days on Market3

Property Features for 8233 S Escanaba Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1916
Listing Agency: Realty Of America, LLC
Listed By: The Luxe Home Team · License #17587
Source: Theluxehometeam
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 10 at 6:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Of America, LLC

Investment Insights

Based on property information with market context.

This duplex at 8233 S Escanaba Ave contains two residential units, each arranged with 2 bedrooms and 1 bathroom. An unfinished basement provides additional storage and flexible space for a workshop or recreation area, while the detached 2-car garage adds on-site parking and storage capacity. Built in 1916, the property can support rental use, owner occupancy, or extended-family living as described in the listing information.

The property is situated near Lake Michigan, beaches, parks, and the lakefront. Rainbow Beach Park is a nearby 61-acre destination with a beach, fitness facilities, sports courts, a playground, a community garden, and views of the Chicago skyline. Lake Shore Drive and major South Side thoroughfares provide access to downtown Chicago and surrounding neighborhoods, with restaurants, shops, recreational facilities, and cultural attractions also in the area.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 bathroom
  • Unfinished basement for storage, workshop, recreation, or future expansion
  • Detached 2‑car garage provides parking and additional storage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

619
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with matching layouts, an unfinished basement, and convenient access to Lake Michigan amenities.
Where is this duplex located?
The property is located at 8233 S Escanaba Ave Chicago, IL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 1 bathroom; Unfinished basement for storage, workshop, recreation, or future expansion; Detached 2‑car garage provides parking and additional storage
More about this property
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