Escanaba Apartments

8956 S. ESCANABA AVE, Chicago, IL 60617

Property Information

  • For Sale $770,000
  • Property Type Multi-Family
  • Property Size 8,050 SF
  • Units 11
  • Lot Size 0.18 Acre
  • Year Built 1964
  • Date Updated May 13, 2026

Description

Located in Chicago’s South Chicago neighborhood, just off Escanaba Avenue and 89th Street. 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 to the 95th/Dan Ryan Red Line CTA station and roughly 30 minutes from Downtown Chicago.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 to the 95th/Dan Ryan Red Line CTA station and roughly 30 minutes from Downtown Chicago.

Highlights

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

Contacts

James Clough

Real Realty

Location

Located at 8956 S. ESCANABA AVE, Chicago, IL 60617, this property is part of the South Chicago neighborhood and Chicago market.

Contact Listing Broker
James Clough

Real Realty

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