$349,999

8501 S Essex Ave Chicago, IL 60617

$4,156
Closing credit¹
6 beds
2 baths
0.1 acres
House

Property details

About 8501 S Essex Ave

2 unit investment property located on a bright and airy tree-lined block in one of the south sides premier neighborhoods. This property is unparalleled when it comes its finishes and attention to detail. Seamlessly blending classic charm with modern updates. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this turnkey opportunity is ready to deliver immediate value. Each spacious unit features updated kitchens with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry. The bathrooms have been tastefully remodeled with designer tile and modern fixtures. Fresh paint, new flooring, upgraded lighting, and energy-efficient windows throughout give the entire property a fresh, bright, and welcoming feel. The property includes separate entrances and utilities for each unit, providing privacy and convenience. 2 car brick garage equipped with EV charging station and a private backyard round out the amenities, offering comfort and functionality for both tenants and owners alike. Ideally located near shops, restaurants, public transportation, and schools, this duplex is a rare find in today's market. Don't miss the chance to own a fully renovated, income-producing property with style and substance! Sellers agent is licensed IL Real estate agent with interest in the property.

Highlights

Home typeResidential
HeatingNatural Gas, Forced Air
StatusActive
(New)
BasementYes
Lot size0.13 Acres
Year built1950
ParkingGarage Owned, Detached, Garage
MLS #12353047
Garage2 spaces

Summary

  • Basement: Yes
  • Total Bedroom Count: 6
  • Garage Space: 2 spaces
  • Parking: Garage Owned, Detached, Garage
  • Heating: Natural Gas, Forced Air
  • List Price: $349,999
  • Lot: Corner Lot
  • Directions: 85th to Essex, on the corner.
  • Year Built: 1950
  • Lot Size: 0.13 Acres
  • MLS Number: 12353047
  • MLS Name: MRED
  • Office Name: Keller Williams ONEChicago
  • Office Phone: (312) 216-2422
  • Listing Agent: Melanie Miller

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view of front of property featuring brick siding and a front yard

$349,999

8501 S Essex Ave

$4,156

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Hoyne Elementary School

Public District KG-6

0.6 mi

8905 S Crandon Ave

7

Earhart Options for Knowledge Elementary School

Public District KG-6

1.4 mi

1710 E 93rd St

8

McDowell Elementary School

Public District KG-5

1.5 mi

1419 E 89th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,719. The most common annual income of people living in Chicago, IL is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

29%
<35k
56%
35k-100k
15%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
28%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
39%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8501 S Essex Ave

The listing price of 8501 S Essex Ave property is $349,999.

The property 8501 S Essex Ave is a house located in Chicago, Illinois, 60617.

Active Listing: 8501 S Essex Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8501 S Essex Ave are: Hoyne Elementary School (GreatSchools Rating 5/10), Earhart Options for Knowledge Elementary School (GreatSchools Rating 7/10), McDowell Elementary School (GreatSchools Rating 8/10), Coles Elementary Language Academy (GreatSchools Rating 3/10), Great Lakes Academy Charter Elementary School (GreatSchools Rating 8/10), Ninos Heroes Elementary Academic Center (GreatSchools Rating 4/10), Noble St Charter-Baker Campus (GreatSchools Rating 1/10), Bowen High School (GreatSchools Rating 1/10), Chicago Vocational Career Academy High School (GreatSchools Rating 1/10).

The property at 8501 S Essex Ave has 6 bedrooms and 2 bathrooms.

The year of construction for 8501 S Essex Ave is 1950.

This home is located at 8501 S Essex Ave in Chicago, IL and zip code 60617 in the Far Southeast Side neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $349,999.

Over 901 listings were sold over their listed price in April 2025 in Chicago, IL. In the same period over 879 listings were sold below the listed price and 351 listings were sold for the listed price. The number of homes for sale in Chicago, IL increased by 19.8% between March and April 2025. In April 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $374,309.

From Rocket Homes Real Estate and based on county public records data.

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