LKV Realty
Logo
$450,000
$2,400Reward *
7955 S Manistee Avenue, Chicago, IL 60617Listing ID 12726116

7955 S Manistee Avenue, Chicago, IL 60617

Active
CHI - South Chicago
Time on site: 10 daysLast updated: 1 day ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
3
Acres
Acres
0.07
Days on Site
Days on Site
10
Heating
Heating
Natural Gas, Forced Air, Indv Controls
Year Built
Year Built
2007
Parking
Parking
Assigned, Yes, Other

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!

Property Information

Property Details

Location

Address
7955 S Manistee Avenue
County
Cook
City
Chicago
Zip Code
60617
Subdivision
CHI - South Chicago
School District
299
MLS Area
CHI - South Chicago

Interior Features

Beds and Baths

Bedrooms
9

Building

Building Information

Year Built
2007
Construction
Brick
Foundation
Concrete Perimeter
Roof
Asphalt

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$6,651
Tax Year
2024
Keller Williams Preferred Realty, (708) 798-1111

Market Report for 60617

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 08:49 PM UTC. 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. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD858504