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Roberto Montano

[email protected] +1(773) 744-0238

$ 499,900

Est. payment -/mo

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8939 S Blackstone AVE Chicago, IL 60619

8 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12775061

Bedrooms 8

Year Built 1952

Annual Tax Amount $5,121

Tax Year 2025

Lot Dimensions 69 X 125

Property Sub-Type Two to Four Units

Property Description

Great investment opportunity! Well-maintained 4-unit building featuring four spacious 2-bedroom, 1-bath apartments. All units have spacious living areas and kitchens with some updates. All the units offer mostly hardwood flooring throughout and remodeled bathrooms. All four units are currently occupied with month-to-month tenants. Recent improvements include a new roof, soffit and fascia (January 2025), new exterior doors, and updated electrical throughout. The property features four separate electric meters plus a common meter, four gas meters, and four separate heating systems, with tenants responsible for their own gas and electric. Three of the four water heaters are newer. Additional amenities include five/six parking spaces; the basement has a great ceiling and great storage space; and a coin-operated washer and dryer. A solid opportunity for investors seeking a well-maintained multifamily property with separate utilities and established rental income but with the possibility with higher income.

Location

State IL

County Cook

Area Chi - Calumet Heights

Zoning MULTI

Body of Water 4 UNIT

Rooms

Basement Unfinished, Exterior Entry, Concrete, Storage Space, Full

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls

Equipment CO Detectors, Sump Pump

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Landscaped

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Leticia Cruz of RE/MAX Mi Casa

NEARBY SCHOOLS & PROPERTIES

Roberto Montano

Real Estate Advisor

+1(773) 744-0238

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