Search
Two-Unit Residential Income Property
For Sale
$149,900

8533 S Manistee Ave, Chicago, IL 60617

Two-unit property with a solid layout, renovation potential, and a two-car garage for added income opportunity.

Property SizeContact for details
Days on Market124

Property Features for 8533 S Manistee Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,406

Building Details

Tenancy Multi
Listing Agency: @properties Christie's International Real Estate
Listed By: Knolly Smith · License #475199583
Source: Exprealty
Added: May 8 Changed: Aug 31 Last Checked: Sep 7 at 2:18PM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This 2-unit residential income property offers a solid layout with renovation potential. The configuration includes a two-car garage, which can support added income and tenant appeal.

Located within a South Chicago community, the property is described as benefiting from ongoing momentum tied to the City’s INVEST South/West initiatives and nearby residential investment activity. Access to major corridors, transit, and neighborhood amenities is noted in the remarks.

For buyers looking to add value, this duplex-style asset provides an opportunity to apply a renovation strategy while maintaining a clear two-unit framework.

Key Highlights

  • 2‑unit property built in 1914
  • Renovation potential with a solid layout
  • Includes a 2‑car garage for potential added income or tenant appeal

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Cafe & Coffee Shop Pharmacy HVAC Service

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

649
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with a solid layout, renovation potential, and a two-car garage for added income opportunity.
Where is this duplex located?
The property is located at 8533 S Manistee Ave Chicago, IL.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 2‑unit property built in 1914; Renovation potential with a solid layout; Includes a 2‑car garage for potential added income or tenant appeal
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message