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Three-Unit Flat
For Sale
$329,999

8632 South Escanaba Avenue, Chicago, IL 60617

Three occupied units, each with two bedrooms and one bathroom, with appliances included.

Days on Market26

Property Features for 8632 South Escanaba Avenue

General Information

Standard status Active
Property subtype Two to Four Units / 3 Flat
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Year Built 1905
Tenancy Multi
Listing Agency: Cloud Gate Realty LLC
Listed By: Joshua Ramirez · License #475209130
Source: Compass
Added: Jul 5 Changed: Jul 21 Last Checked: Jul 30 at 12:15PM

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 Cloud Gate Realty LLC

Investment Insights

Based on property information with market context.

For sale, this three-unit flat offers a straightforward residential income setup with each unit featuring a two-bedroom, one-bathroom layout. Appliances are included in the units, and all three are currently occupied by tenants.

Located at 8632 South Escanaba Avenue on the Southeast Side of Chicago, the property is positioned in a steadily improving neighborhood. With every unit already in place and providing rental income, it can be a practical option for buyers looking for current occupancy rather than waiting for a lease-up.

The building’s configuration is designed for comfortable living across three separate apartments, supporting ongoing tenant demand and providing a solid foundation for an investor or owner-occupant strategy where one unit could be lived in while the others generate income.

Key Highlights

  • Three‑unit flat in Chicago, built in 1905
  • All three units are currently occupied by tenants
  • Each unit features a 2‑bedroom, 1‑bath layout

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Spa & Massage Center (Bike/Boat/Book/etc) Store Gym & Fitness 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

650
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied units, each with two bedrooms and one bathroom, with appliances included.
Where is this triplex located?
The property is located at 8632 South Escanaba Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $329,999.
What are key features of this property?
This property features: Three‑unit flat in Chicago, built in 1905; All three units are currently occupied by tenants; Each unit features a 2‑bedroom, 1‑bath layout
More about this property
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