8939 S Blackstone Avenue, Chicago, IL

$499,900

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8

Beds

About 8939 S Blackstone Avenue

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.

Features of 8939 S Blackstone Avenue

MLS® # 12775061
Price $499,900
Bedrooms 8
Bathrooms 0.00
Year Built 1952
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 8939 S Blackstone Avenue
Area CHI - Calumet Heights
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Parking Spaces 5
Parking Unassigned, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Fireplace No
Has Basement Yes
Basement Unfinished, Exterior Entry, Concrete, Storage Space, Full

Exterior

Exterior Brick
Lot Description Landscaped
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 2
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Mi Casa

Listing Map

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