Two-Unit Residential Income
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 Market170
Property Features for 8533 S Manistee Ave
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi-Family
Site & Location
Neighborhood
South Chicago
Additional Details
Multifamily Units
2
Building Details
Year Built
1914
Tenancy
Multi
Listing Agency:
Black Label Realty Co.
Listed By:
Nicholas Kravat
(855) 589-7399
Source:
Saladinosells
Added: May 8
Changed: Oct 3
Last Checked: Oct 5 at 9:50PM
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 Black Label Realty Co.
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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.
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
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
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Business Placement
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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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
