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8533 S Manistee Ave
Multi-Family
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$145,000

8533 S Manistee Ave, Chicago

88% below median
5 bd·2 ba·0 sqft
Built 1914South Chicago

8533 S Manistee Ave, Chicago, IL

5 bd · 2 ba · 0 sqft Multi-Family listed at $145,000, built in 1914 in the South Chicago neighborhood.

About this home

Opportunity awaits with this well-located 2-unit property offering strong upside potential. Features include a solid layout, renovation potential, and a 2-car garage for added income and tenant appeal, an excellent opportunity for buyers seeking to improve and maximize long-term value. Situated within a South Chicago community experiencing continued momentum, including the City's INVEST South/West initiatives and nearby residential investment activity. Convenient access to major corridors, transit, and neighborhood amenities. Bring your ideas and vision to unlock this property's full potential.

Property details

Price
$145,000
Bedrooms
5
Bathrooms
2
Year built
1914
Type
Multi-Family
Days on market
131
Est. property tax
$3,016/yr · $251/mo · 2.08% IL avg
Last sold
$17,000 · Nov 2008

Estimated monthly payment

Down payment20% ($29,000)
Interest rate6.75%
Principal & Interest$752
Property Tax$133
Insurance$150
Total$1,035/mo

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Price history

12.1%Most recent change on 2026-01-03: $164,900$145,000.

$218K$108K$-1K$33K on Sep 81 (Sold)$33K on Nov 83 (Sold)$33K on Dec 83 (Sold)$58K on Jun 94 (Sold)$50K on Apr 03 (Sold)$50K on Dec 07 (Initial list)$35K on Feb 08 (Initial list)$50K on Feb 08 (Price change)$35K on Jun 08 (Price change)$17K on Oct 08 (Sold)$200K on Jul 24 (Initial list)$190K on Sep 24 (Price change)$180K on Nov 24 (Price change)$170K on Nov 24 (Initial list)$150K on Jan 25 (Price change)$150K on Mar 25 (Initial list)$148K on Jul 25 (Price change)$165K on Dec 25 (Initial list)$145K on Jan 26 (Price change)
$33K · Sep 81$145K · Jan 26
  1. Jan 3, 2026$145,000Price change
  2. Dec 15, 2025$164,900Initial list price
  3. Jul 22, 2025$148,000Price change
  4. Mar 9, 2025$150,000Initial list price
  5. Jan 27, 2025$150,000Price change
  6. Nov 24, 2024$170,000Initial list price
  7. Nov 7, 2024$180,000Price change
  8. Sep 4, 2024$190,000Price change
  9. Jul 10, 2024$199,900Initial list price
  10. Oct 27, 2008$17,000Sold
  11. Jun 10, 2008$34,900Price change
  12. Feb 29, 2008$49,900Price change
  13. Feb 28, 2008$34,900Initial list price
  14. Dec 1, 2007$49,900Initial list price
  15. Apr 9, 2003$50,000Sold
  16. Jun 2, 1994$58,000Sold
  17. Dec 1, 1983$33,000Sold
  18. Nov 1, 1983$33,000Sold
  19. Sep 25, 1981$32,500Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60617)

Median age is 36.8; 13% hold a bachelor's degree; 57% of homes are owner-occupied; median household income is $51,203.

Median income
$51,203
Median age
36.8
Owner-occupied
57.3%
Bachelor's degree
12.7%
Census median home value
$160,800

Source: US Census Bureau American Community Survey 5-year estimates.

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