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8705 S Saginaw Avenue, Chicago, IL 60617

$560,000
  • 8705 S Saginaw Avenue, Chicago, IL 60617 Main Photo

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New to the Market New
BEDS13 BATHS5 full MLS#12586423
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Great opportunity for investors or owner-occupants looking to maximize rental income potential! This unique multi-unit property features a main building with two spacious duplex units plus a separate coach house, offering multiple streams of income. The first duplex combines the main level with the basement and offers 6 bedrooms and 2 bathrooms, providing ample space for large households or strong rental demand. The second duplex connects the upper level with the attic and features 5 bedrooms and 2 bathrooms, and was fully remodeled and includes updates such as newer furnace and AC recharger, new carpet, new countertops, paint, refinished hardwood floors, bathrooms, etc. making it move-in ready for tenants. In addition, the coach house in the rear includes 2 bedrooms and 1 bathroom that was fully renovated in 2025, creating an excellent opportunity for additional rental income or extended living. Coin laundry in basement was also recently remodeled. With its high bedroom count and three separate living spaces, this property presents outstanding cash flow potential for investors looking to maximize returns or for homeowners who want the tenants in the other units to help with the mortgage. The rental income potential in this building is truly exceptional and you don't want to miss this opportunity!

8705 S Saginaw Avenue | MLS# 12586423

This multi-family property located at 8705 S Saginaw Avenue, Chicago, IL 60617 is currently listed for sale with an asking price of $560,000. S Saginaw Avenue is located within the District 299 school district. Search Chicago real estate on rpremo.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Partial, Walk-Out Access
Heating: Natural Gas, Forced Air
Lot Size: 0.07 Acres
Taxes: $4,210
Year Built: 1919

Feature Descriptions

Additional Structures: Guest House
Days on Site: 2
Exterior: Brick
Lot Dimensions: 25X125
Parcel#: 26061050020000
Sewer: Public Sewer
Total Rooms: 25
Township: Hyde Park
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: YUB Realty Inc
Agency Phone: 773-716-3799

Shown By

Agent Name: Ruth Premo
Agent Phone: (815) 978-5613
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,057.86 per month $2,543.69 Principal & Interest $350.83 Property Tax $163.33 Homeowner's Insurance

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