Address
8329 S Buffalo Avenue, Chicago, IL
Price
$ 349,999
Property Attributes
- MLS#12730593
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - South Chicago
- NeighborhoodSouth Chicago
- Zip60617
- Style
- Year Built1893
- Taxes$ 3897
- Price$ 349,999
- Bedrooms9
- Full Bathrooms4
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Excellent 4-unit investment opportunity with immediate income and value-add potential! This well-maintained multifamily property features two 3-bedroom units and two 2-bedroom units, providing a desirable mix of rental options. Three units were renovated in 2021, while the remaining unit offers an opportunity for renovation and potential rent growth. Each unit has its own furnace, and three units are currently occupied, providing established rental income. The fourth unit is vacant and ready to lease or occupy. Ideal for investors seeking cash flow and future upside, or owner-occupants looking to live in one unit while generating rental income from the other three. A versatile opportunity with multiple paths to maximize its potential.
| Price History | |
|---|---|
| 9/2/2026 | Listed $349,999 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Possession | Closing |
| Zoning | MULTI |
| Construction Materials | Vinyl Siding |
| Year Built | 1893 |
| Township | Hyde Park |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 12 |
| Status | Active |
| Directions | NORTH ON COMMERCIAL TO 87TH EAST TO BURLEY RT ON 84T |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - South Chicago |
| Tax Annual Amount | 3897.63 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Unfinished,Full |
|---|---|
| Total Bedrooms | 9 |
| Total Baths | 4 |
| Bedrooms Possible | 9 |
| Full Baths Building | 4 |
| Total Number of Units | 4 |
Exterior Features
| Parking Features | Off Alley,Alley Access,Yes,Owned |
|---|---|
| Water Source | Lake Michigan |
| Total Parking | 2 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 25X125 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60617
Price
Taxes
Year Built
Visits
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