For Sale Multi-Family MLS# 12775061

8939 S Blackstone Avenue

Chicago, IL 60619

$499,900

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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.

Property details

Property

Type
multi
Year built
1952
List date
Oct 13, 2026

Schools

District
Chicago Public School District 299

Location

Subdivision
Calumet Heights
Neighborhood
Calumet Heights

Location

Neighborhood
Calumet Heights
School district
Chicago Public School District 299

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Listed by Leticia Cruz, RE/MAX Mi Casa

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.