Closed

$450,000

7955 Manistee Avenue, Chicago, IL 60617
9 Beds3 Baths14 days
7955 Manistee Avenue·Chicago, IL 60617
9Bedrooms
3Bathrooms
2007Year Built
About This Home

Whether you're looking to grow your investment portfolio or live in one unit while generating rental income from the others, this well-maintained three-unit building is an opportunity you won't want to miss. Each spacious unit features 3 bedrooms, 1 bathroom, a large outdoor space, and functional layouts designed for comfortable living. Unit 2 is vacant and move-in ready, making it ideal for an owner-occupant or for leasing at current market rents. Unit 1 is leased through January 2027, and Unit 3 is leased through August 2027, providing immediate rental income with established tenants already in place. Built in 2007, this newer-construction multi-family property offers many of the benefits buyers appreciate, including more modern systems and finishes than many of Chicago's older multi-unit buildings. The property has been well maintained, allowing the next owner to focus less on major updates and more on enjoying the investment. The location adds even more to the opportunity. Enjoy convenient access to shopping, restaurants, parks, schools, public transportation, major roadways, and Chicago's lakefront, while being positioned near some of the South Side's most significant current and future investments. Nearby developments include the Obama Presidential Center in Jackson Park and Quantum Shore, the massive lakefront redevelopment of the former U.S. Steel South Works site that will include the Illinois Quantum and Microelectronics Park and major technology investment. Combined with established neighborhood amenities and continued investment throughout the surrounding area, there's plenty happening in this part of Chicago. Whether you're house hacking, expanding your rental portfolio, or looking for a turnkey investment with income already in place, 7955 S. Manistee Ave. offers a compelling combination of space, income potential, newer construction, and location. All that's missing is YOU!

MLS# 12726116Listed August 6, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms3
Total Rooms18

Size & Structure

Year Built2007
Lot Size0.070 acres

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$450,000
Annual Taxes (2024)$6,651
Monthly Tax Est.$554
Parcel #21311070450000
Interior Features

Heating

Natural GasForced AirIndv Controls

Basement

None
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

AssignedYesOther
Tax & Financial
Annual Taxes
$6,651
Tax Year 2024
Monthly Tax Est.
$554
per month
Property Location

7955 Manistee Avenue, Chicago, IL 60617 — Cook County

$450,000
7955 Manistee Avenue
9 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
14 days on market
0.070 acres
$6,651/yr taxes
$2,919
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$554/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams Preferred Realty
Agent: Emiko Pope
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.