8632 S Escanaba Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $2,090/month
About This Home
This property is an excellent opportunity for first time homebuyers who want an affordable path to homeownership. This three unit flat is located in a steadily improving neighborhood on the Southeast Side of Chicago and offers strong long term potential. Each unit includes appliances and features a comfortable two bedroom one bathroom layout. For first time buyers, this is an ideal chance to live in one unit and use the rental income from the other two units to help lower your mortgage. All three units are currently occupied by dependable tenants, which also makes this a solid option for investors seeking immediate rental income. The building provides spacious units and there is consistent rental demand in this area. As the neighborhood continues to improve, the property is well positioned for future appreciation. Whether you are purchasing your first home or looking to expand your real estate portfolio, this turn key three flat offers value, stability, and long term opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,340
Year Built
- Built in 1905
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,110 | $21,600 | $3,515 | $18,085 |
| 2024 | $2,110 | $21,600 | $3,515 | $18,085 |
| 2023 | $2,057 | $10,000 | $4,687 | $5,313 |
| 2022 | $2,057 | $10,000 | $4,687 | $5,313 |
| 2021 | $2,011 | $10,000 | $4,687 | $5,313 |
| 2020 | $2,470 | $11,089 | $4,687 | $6,402 |
| 2019 | $2,561 | $12,746 | $4,687 | $8,059 |
| 2018 | $2,518 | $12,746 | $4,687 | $8,059 |
| 2017 | $3,376 | $15,683 | $4,218 | $11,465 |
| 2016 | $3,141 | $15,683 | $4,218 | $11,465 |
| 2015 | $3,245 | $17,707 | $4,218 | $13,489 |
| 2014 | $2,955 | $15,925 | $3,280 | $12,645 |
| 2013 | $2,896 | $15,925 | $3,280 | $12,645 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2026 07/10/26 | For Sale | $329,999 | +33.6% | -- | |
| 04/15/2021 04/15/21 | Sold | $247,000 | -1.0% | $92 / Sq Ft | View Prior Sale |
| 07/29/2020 07/29/20 | For Sale | $249,500 | 0.0% | $93 / Sq Ft | |
| 06/17/2020 06/17/20 | Pending | -- | -- | -- | |
| 06/08/2020 06/08/20 | For Sale | $249,500 | +375.2% | $93 / Sq Ft | |
| 12/30/2019 12/30/19 | Sold | $52,500 | -4.4% | $20 / Sq Ft | View Prior Sale |
| 10/10/2019 10/10/19 | Pending | -- | -- | -- | |
| 10/10/2019 10/10/19 | Price Changed | $54,900 | -5.0% | $20 / Sq Ft | |
| 09/26/2019 09/26/19 | Price Changed | $57,800 | 0.0% | $22 / Sq Ft | |
| 08/26/2019 08/26/19 | Price Changed | $57,800 | -15.0% | $22 / Sq Ft | |
| 07/24/2019 07/24/19 | Price Changed | $68,000 | -10.5% | $25 / Sq Ft | |
| 07/24/2019 07/24/19 | Price Changed | $76,000 | 0.0% | $28 / Sq Ft | |
| 06/28/2019 06/28/19 | Price Changed | $76,000 | -3.8% | $28 / Sq Ft | |
| 06/28/2019 06/28/19 | Price Changed | $79,000 | 0.0% | $29 / Sq Ft | |
| 06/04/2019 06/04/19 | Price Changed | $79,000 | -7.1% | $29 / Sq Ft | |
| 04/15/2019 04/15/19 | For Sale | $85,050 | -- | $32 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $247,000 | Chicago Title | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $52,500 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,854 | FHA | |
| Open | $242,526 | New Conventional | |
| Previous Owner | $100,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12702080
APN: 21314230310000
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