8124 S Manistee Avenue
Chicago, IL 60617

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $275,000

About this home

Discover a promising investment in South Chicago-a sturdy brick duplex with two-bedroom, one-bath units and an additional three-bedroom, one-and-a-half bath coach house-all units occupied. The property's unfinished basement presents an opportunity for future expansion, whether for extra living space or amenities. With dependable brick construction and stable tenancy, this investment offers steady income now and potential growth in the future, making it a practical choice for investors seeking stability and opportunity.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1925
Exterior Building Type Brick
Parking None
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - South Chicago
Corporate Limits Chicago
Directions take 79th and head south on Manistee.
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 3
Half Baths in Building Count 1
Total Rooms 10
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1050
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 04/24
Rooms Total 5
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 800
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 5
Tenant Pays Electric
Floor Number 2
unit 3
Beds Total 3
Baths Total 2
Actual Rent 900
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 6
Tenant Pays Electric
Floor Number 1
Property / Lot Details
Lot Dimensions 1604
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat, Coach House
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Fuel Expense Source Broker Projection
Rental Income 2750
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 21311220190000
Special Assessments N
Taxes $5,480
Tax Year 2022
$275,000 Listing Price:
MLS # 11979723
Investment Profile Residential Income
Listing Market Time 77 days
Basement Full
Type Unit 2 Flat, Coach House
Number of Units in Building 3
Parking None
List Date 02/16/2024
Year Built 1925
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