8923 S Blackstone Avenue

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 8923 S Blackstone Ave, Chicago, IL 60619, USA
Chicago & Midwest + Apartment Buildings
Created date: September 19, 2026
Date last updated: September 19, 2026
Price: $450,000Investment Analyzer NEW!

Property Description

Rare opportunity to own a stately 3-unit building in the highly sought-after Calumet Heights neighborhood, surrounded by beautifully-maintained homes and tree-lined streets with exceptional curb appeal. Ideal for owner-occupants or investors. Live in 1 unit while rental income offsets mortgage or lease all 3 units to maximize cash flow with strong upside for rents. The full walkout basement offers a potential 4th unit or a duplex-down 1st-floor unit. Each spacious apartment features 2 bedrooms plus a versatile Den, perfect for a home office, guest room, or play area. Expansive floorplans include formal living rooms, separate dining rooms, and large windows that fill the spaces with natural light. Additional highlights include hardwood floors, high ceilings, modern kitchens with walk-in pantries, and modern bathrooms. Conveniently located close to shopping, transportation and expressways. Sold "as-is."

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $450,000
Year Built: 1927
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 3
Address: 8923 S Blackstone Avenue, Chicago, IL 60617, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

2745 29th Avenue S

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $384,900

3428 Hennepin Avenue S

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $625,000

4912 Franklin Boulevard

Cleveland, Ohio
Chicago & Midwest + Apartment Buildings
Price: $310,000

Brokers

View All

Lenders

View All