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4-Unit Quadplex with Furnaces

8329 S Buffalo Avenue, Chicago, IL 60617

For Sale
$349,999

The four-unit property combines a two-and-three-bedroom mix with individual furnaces and three occupied apartments.

Property SizeContact for details
Days on Market70

Property Features for 8329 S Buffalo Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY
Occupancy 75%

Site & Location

Neighborhood South Chicago

Units

Unit Mix 2 x 3BR, 2 x 2BR
Multifamily Units 4

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,897

Building Details

Year Built 1893
Listing Agency: RE/MAX LOYALTY
Listed By: Yomaira Roman Herrera · License #475168099
Source: Townrealtychicago
Added: Sep 1 Changed: Nov 7 Last Checked: Nov 7 at 9:19PM

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 RE/MAX LOYALTY

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Investment Insights

Based on property information with market context.

Built in 1893, this quadplex contains four apartments: two with three bedrooms and two with two bedrooms. Each unit has its own furnace. Three apartments were renovated in 2021; the fourth remains available for renovation. Three units are occupied, while one is vacant.

The unit mix and separate furnaces provide a clear picture of the property’s existing configuration. The vacant apartment is available for leasing or owner occupancy.

Key Highlights

  • Four apartments: two 3‑bedroom units and two 2‑bedroom units
  • Three units renovated in 2021
  • Each unit has its own furnace

Property Analytics

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Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

381
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
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Market

Properties on Market for Quadplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The four-unit property combines a two-and-three-bedroom mix with individual furnaces and three occupied apartments.
Where is this quadplex located?
The property is located at 8329 S Buffalo Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Four apartments: two 3‑bedroom units and two 2‑bedroom units; Three units renovated in 2021; Each unit has its own furnace
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