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3-Unit Triplex with Walkout Basement

8923 S Blackstone Avenue, Chicago, IL 60617

For Sale
$450,000
Pending

Three apartments each offer two bedrooms, a den, and separate living and dining rooms.

Property SizeContact for details
Days on Market10

Property Features for 8923 S Blackstone Avenue

General Information

Standard status Pending
Property subtype Two to Four Units
Zoning MULTI

Site & Location

Neighborhood Calumet Heights
Highway Access Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $6,405

Amenities

Unfinished,Full,Walk-Out Access
Den
3
6
Lake Michigan,Public
4
(312) 329-2473
35 X 125
0.1
No
Off Alley,Off Street,Yes,Owned
Concrete Perimeter

Building Details

Year Built 1927
Buildings 1
Listing Agency:
Listed By: Thomas Quigley
Source: Michanarealestatesolutions
Added: Oct 29 Changed: Nov 3 Last Checked: Nov 7 at 9:07AM

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 Thomas Quigley

Rey
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Investment Insights

Based on property information with market context.

This 1927 residential building contains three apartments, each configured with two bedrooms and a den. The units have formal living rooms, separate dining rooms, hardwood floors, high ceilings, walk-in kitchen pantries, and modern kitchens and bathrooms. A full, unfinished walkout basement is also part of the property, which is being sold as-is.

The property is in Chicago’s Calumet Heights neighborhood, near shopping, transportation, and expressways. The lot measures 35 X 125, and zoning is designated MULTI.

Key Highlights

  • Three apartments, each with two bedrooms and a den
  • Full, unfinished walkout basement
  • 35 X 125 lot; 0.1 acre

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

973
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Triplexes in Chicago

Jul
Aug
Sep
Oct

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?
Triplex - Three apartments each offer two bedrooms, a den, and separate living and dining rooms.
Where is this triplex located?
The property is located at 8923 S Blackstone Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three apartments, each with two bedrooms and a den; Full, unfinished walkout basement; 35 X 125 lot; 0.1 acre
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