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Two to Four Units · Chicago, IL
$450,000
9 beds · 3 baths
7955 S Manistee Avenue, Chicago, IL, 60617
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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!
— the listing agent’s description

The home

9 beds
3 baths
Built in 2007
0.07-acre lot
Two to Four Units

What it’ll cost

$6,651 taxes / yr
No HOA
9 days on dwello

Estimated monthly payment

$3,078/mo
Principal & interest$2,393
Property taxes$554
Homeowners insurance$131
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Jun 3
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FRI
Jun 5
SAT
Jun 6
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9 days on dwello
Price history
Listed for sale
Aug 6, 2026
$450,000
Property taxes
2025
Annual tax bill (MLS)
$6,651/yr
Assessed value
2025
County assessor
$36,400~$364,000 mkt
2024
$36,400~$364,000 mkt
2023
$26,117~$261,170 mkt
2022
$26,117~$261,170 mkt
2021
$26,117~$261,170 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasForced AirIndv ControlsBrickPublic SewerAssignedYes
Neighborhood
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MLS listing dataMRED
Listed by Emiko Pope · Keller Williams Preferred Realty
Listing last updated Aug 15, 2026 · data refreshed from the MLS Aug 15, 2026, 8:56 AM CT
Based on information submitted to the MLS GRID as of Aug 15, 2026, 8:56 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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