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8524 South Oglesby AvenueChicago, IL 60617Price: $839,900

  • Price: $839,900
  • 1 Day on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $839,900List Price
  • 0.14Acreage
  • 1927Year Built

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Turnkey, updated 6-unit building located in one of Chicago's rapidly appreciating South Side neighborhoods with the potential to generate close to $100,000 annually when fully leased. Each spacious 2 bed, 1 bath unit features updated kitchens and baths, stainless steel appliances, granite countertops, hardwood floors, and modern finishes that attract quality tenants. This is a true low-maintenance investment with tenants paying their own gas and electric, helping maximize cash flow and overall profitability. Additional income opportunities include the potential to add 2 ADU basement units (subject to city approval), which could generate approximately $26,400 annually, plus coin laundry income and a 4-car garage with the potential to bring in an additional $400/month. Located near major future developments including the Obama Presidential Center and the Illinois Quantum & Microelectronics Park, this property is positioned for strong long-term appreciation, cash flow, and future growth. A rare opportunity to own a high-upside multifamily asset in an emerging investment corridor.

Property Details of 8524 South Oglesby Avenue

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Listed by Warnita Taylor of Taylor Realty Partners LLC

Based on information submitted to MRED  as of May 15, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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