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Four-Unit Brick Quadplex
New
For Sale
$499,900

8939 S Blackstone Avenue, Chicago, IL 60619

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 8939 S Blackstone Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 2, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 1, Basement, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 7, Bathroom 2
Parking 5
Parking features Assigned, Owned
Basement Full, Concrete, Storage Space, Exterior Entry, Unfinished
Lot features Landscaped
Elementary school district 299
Middle school district 299
High school district 299
Directions 87TH ST E/W BLACKSTONE N TO PROPERTY
Subdivision CHI - Calumet Heights
Standard status Active
APN 25022200520000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5122

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Amenities

basement storage
coin-operated washer and dryer

Building Details

Year built 1952
Building materials Brick
Roof type Asphalt
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Leticia Cruz · License #475188505
Added: Oct 13 Changed: Oct 14 Last Checked: Oct 15 at 9:06AM
MLS# 12775061

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 1952 brick quadplex at 8939 S Blackstone Avenue contains four apartments, each with two bedrooms and one bathroom. Living areas and kitchens are included in every unit; some kitchens have updates, and most floors are hardwood. Bathrooms have been remodeled. All four apartments are occupied on month-to-month arrangements.

Building improvements include a roof, soffit, and fascia installed in January 2025, along with replacement exterior doors and updated electrical service. Each apartment has its own heating system and gas meter. Electrical service includes four unit meters and a separate common meter; tenants pay their own gas and electric. Three of the four water heaters are newer. The property also has a coin-operated washer and dryer and basement storage.

Key Highlights

  • Four apartments, each configured with 2 bedrooms and 1 bathroom
  • All units occupied on month‑to‑month arrangements
  • Four separate heating systems and four gas meters; electrical service has four unit meters plus a common meter

Property Analytics

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Current Use

Quadplexes

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

973
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
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?
Quadplex - The occupied apartments have separate heating systems and individually metered gas and electric service.
Where is this quadplex located?
The property is located at 8939 S Blackstone Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Four apartments, each configured with 2 bedrooms and 1 bathroom; All units occupied on month‑to‑month arrangements; Four separate heating systems and four gas meters; electrical service has four unit meters plus a common meter
More about this property
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