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29208629
29208630

8956 S Escanaba Ave, Chicago, IL 60617

JC
IL IL - 475.147791
Real Realty Inc.
CG
IL 475.212280
Real Realty Inc.
Listed by Real Realty Inc.
$770,000
168 days on market
Updated 65 days ago

Escanaba Apartments

Details
APN 26-06-214-046-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,050
Net Rentable (SqFt) 8,050
Units 11
Cap Rate 10.21%
NOI $78,603
Price per SqFt $96
Class C
Year Built 1964
Buildings 1
Stories 3
Zoning RT-4
Sale Condition For sale by owner

Multifamily | 11 Units | $70,000/unit

Marketing description

Real Realty is pleased to present to you the Escanaba apartments for sale located in Chicago's South Chicago neighborhood. This opportunity presents an investor to acquire 11 apartments consisting of 5 one bed one baths and 6 two bed one baths that are recently renovated and in good condition recieving comparable rents to market an in-place cap rate of over 10%. Tenants pay for their own electric while while landlord covers the gas, water, and common area utilities.

The property offers convenient access to public transit, with a short walk to the 91st Street/South Chicago bus stop and a quick drive to I-90 (Chicago Skyway Toll Road). It’s only about a 10-minute drive tothe 95th/Dan Ryan Red Line CTA station and roughly 30 minutes from Downtown Chicago.

Investment highlights

  • 1 and 2 bedrooms
  • 10%+ in-place cap rate
  • Rental ready units

Listing Contacts

JC
IL IL - 475.147791
Real Realty Inc.
CG
IL 475.212280
Real Realty Inc.
Listed by Real Realty Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$78,603.00
$6,550.25/mo

Valuation Metrics

0
DSCR
10.21%
Cap Rate
10.21%
ROI

Map

Zoning

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RT-4 ResidentialMulti FamilyResidential Two Flat Townhouse And Multi Unit District
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
James Clough
License
IL - 475.147791
Brokerage
Real Realty, Inc.
Title
Managing Director
Name
Cristian Gavriluti
License
475.212280
Brokerage
Real Realty
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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