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8 Beds
4 Baths

$599,000

8153 S South Shore Drive, Chicago IL, 60617

Built in1918
Property typeMulti-family
Listed by Britney Davis with Consumer Realty Group, Inc. 312-584-8996

Overview

Under contract

Contingent

Listed Sep 8, 2026

Updated 3 days ago

Beautifully maintained and recently updated 4-unit investment property located in the rapidly developing South Shore neighborhood! This solid brick building features four spacious 2-bedroom, 1-bathroom units, offering an excellent opportunity for both investors and owner-occupants seeking strong rental potential and long-term appreciation. Each unit offers hardwood floors, forced heating and central A/C, along with individual laundry hookups for added tenant convenience. Additional laundry hookups are also available in the basement. The property includes dedicated storage space in the basement for each unit, providing extra functionality and value for residents. Two units is currently rented and generating $1,550/month in rental income, giving the next owner immediate cash flow with additional upside potential. Investors will also appreciate the possibility to duplex-up the two second-floor units, creating larger units and increasing future value and rental income potential. Property is equipped with privately owned security cameras that can transfer with the sale. Situated near the exciting future developments taking place throughout South Shore, including the highly anticipated Quantum Shore project, this property is positioned in an area experiencing major investment and revitalization. Excellent opportunity to own a cash-flowing multi-unit property in one of Chicago's emerging lakefront communities!

$3,985/mo

Est. mortgage payment based on a $599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12753612

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$3,587
Tax Frequency
Annually
MLS provider logo

Listed by Britney Davis with Consumer Realty Group, Inc. 312-584-8996

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Blue Door Dave Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 1:24 AM UTC on 9/20/2026. 

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