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Two-Flat with Garden Unit
For Sale
$65,000

8405 S Baltimore Avenue, Chicago, IL 60617

MULTI_FAMILY - Chicago, IL

Days on Market108

Property Features for 8405 S Baltimore Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Basement, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking 4
Basement Partially Finished, Partial
Elementary school district 299
Middle school district 299
High school district 299
Directions Take COMMERCIAL TO 84TH TO BALTIMORE - W
Subdivision CHI - South Chicago
Standard status Active
APN 21314020320000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2069

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

individual heating systems

Building Details

Year built 1916
Building materials Frame
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Brenda Molina
Added: Apr 18 Changed: Aug 2 Last Checked: Aug 3 at 4:06AM
MLS# 12623050

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This frame two-flat includes two spacious 2-bedroom units and an additional 1-bedroom garden unit, creating multiple income streams. The property has individual heating systems for each unit, which can support efficient operations and tenant appeal. The building requires rehabilitation, but it offers a clear value-add profile for investors looking to renovate and update for improved performance.

The home is built in 1916 and includes a basement. Heating is natural gas, with public sewer service. A large backyard provides outdoor space that may support future improvements such as a garage or parking pad, subject to applicable approvals.

Overall, it’s a multifamily opportunity centered on unit configuration and separate heating systems, with room to enhance the property through rehabilitation and potential site improvements.

Key Highlights

  • Two 2‑bedroom units plus one 1‑bedroom garden unit
  • Individual heating systems for each unit
  • Frame construction with natural gas heating

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Building Supply Pharmacy Spa & Massage Center

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

554
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Frame two-flat with two 2-bedroom units plus a 1-bedroom garden unit, each with its own heating system.
Where is this multifamily property located?
The property is located at 8405 S Baltimore Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Two 2‑bedroom units plus one 1‑bedroom garden unit; Individual heating systems for each unit; Frame construction with natural gas heating
More about this property
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