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Three-Unit Brick Property
For Sale
Under Contract
$450,000

8923 S Blackstone Avenue, Chicago, IL 60617

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market90

Property Features for 8923 S Blackstone Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 2, Basement, Den, Bedroom 3
Parking 4
Parking features Off Street, Off Alley, Owned
Window features Screens
Patio and Porch features Porch
Fencing Fenced
Basement Full, Walk-Out Access, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions east/west on 87th St to Blackstone Ave, 1-way south to property.
Subdivision CHI - Calumet Heights
Standard status Active Under Contract
APN 25022200070000
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6406

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1927
Building materials Brick
Roof type Rubber
Listing Agency: Century 21 S.G.R., Inc. · Century 21 Real Estate
Listed By: Alexis Holland
Added: Jun 25 Changed: Sep 18 Last Checked: Sep 22 at 11:06AM
MLS# 12687566

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1927 brick triplex contains three apartments, each arranged with two bedrooms, a den, a formal living room, and a separate dining room. Interior features include hardwood floors, high ceilings, large windows, modern kitchens with walk-in pantries, and updated bathrooms. The property also includes a full walkout basement with potential for a fourth unit or a duplex-down configuration connected to the first-floor apartment.

The 0.1-acre property is located in Chicago’s Calumet Heights neighborhood at 8923 S Blackstone Avenue. Shopping, transportation, and expressways are nearby. Additional site features include off-street and off-alley parking, a porch, fencing, public water, and public sewer service. The property is zoned MULTI and is offered as-is.

Key Highlights

  • Three‑unit brick building constructed in 1927
  • Each apartment includes 2 bedrooms and a den
  • Full walkout basement with potential 4th unit or duplex‑down layout

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Building Supply (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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
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

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 - Apartments feature two bedrooms, a den, formal living areas, and separate 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‑unit brick building constructed in 1927; Each apartment includes 2 bedrooms and a den; Full walkout basement with potential 4th unit or duplex‑down layout
More about this property
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