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8939 S Blackstone Avenue Chicago, IL 60619

$499,900
Active / MLS# 12775061 / Multi Unit - Multiple / Chicago
8 Beds
4 Baths

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.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 1,858.85 per month $1,286.30 Principal & Interest $426.75 Property Tax $145.80 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Exterior Entry, Concrete, Storage Space, Full
Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, In
Lot Size: 0.20 Acres
Roof Type: Asphalt
Taxes: $5,121
Year Built: 1952

Feature Descriptions

Additional rooms: Enclosed Porch
Exterior: Brick
Lot: Landscaped
Lot Dimensions: 69 X 125
Other Equipment: CO Detectors, Sump Pump
Parcel#: 25022200520000
Parking: Unassigned, Yes, Owned
Sewer: Public Sewer
Total Rooms: 16
Township: Hyde Park
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Mi Casa

Listing Office Phone: 773-767-1616



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