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4-Unit Multifamily Building
For Sale
$360,800

8640 S Escanaba Avenue, Chicago, IL 60617

The unit mix includes two two-bedroom apartments and two three-bedroom apartments, each with one bathroom.

Property SizeContact for details
Days on Market69

Property Features for 8640 S Escanaba Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Neighborhood South Chicago

Units

Unit Mix 2 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,405

Building Details

Year Built 1908
Buildings 1
Construction frame
Listing Agency: Baird & Warner
Listed By: Serenity Barren
Source: Purveyproperties
Added: Aug 25 Changed: Oct 31 Last Checked: Oct 31 at 3:16AM

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 Baird & Warner

Rey
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Investment Insights

Based on property information with market context.

This 1908 multifamily building contains four apartments: two with two bedrooms and one bathroom, and two with three bedrooms and one bathroom. Space upstairs and in the basement has been identified as having potential for additional units; any plans would require buyer due diligence.

The property is being sold as-is, where-is, without representations about its condition. Buyers should conduct their own inspections and verify any municipal inspection or repair requirements.

Key Highlights

  • Four apartments: two 2‑bedroom/1‑bath units and two 3‑bedroom/1‑bath units
  • Built in 1908
  • Upstairs and basement space identified for potential additional units

Property Analytics

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Lease Details

4
Residential units

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
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Market

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 unit mix includes two two-bedroom apartments and two three-bedroom apartments, each with one bathroom.
Where is this quadplex located?
The property is located at 8640 S Escanaba Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $360,800.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom/1‑bath units and two 3‑bedroom/1‑bath units; Built in 1908; Upstairs and basement space identified for potential additional units
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