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8744 S Saginaw Ave
Multi-Family
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$389,000

8744 S Saginaw Ave, Chicago

67% below median
9 bd·4 ba·0 sqft
Built 18913,485 sqft lotSouth Chicago

8744 S Saginaw Ave, Chicago, IL

9 bd · 4 ba · 0 sqft Multi-Family listed at $389,000, built in 1891 in the South Chicago neighborhood.

About this home

SOUTH CHICAGO - FOR SALE: Fully rehabbed 3-unit multifamily property located in the South Chicago neighborhood. The property consists of three (3BD/1BA) units, with the top-floor unit featuring an additional attic level that includes an extra bathroom and two rooms-ideal for use as a study and playroom. Recent renovations include a new roof, new windows, and individual furnaces for each unit. The building is vacant, allowing a new owner to immediately lease at market rents and implement a value-add strategy from day one. Additional features include a detached 2-car garage and ample street parking. A great opportunity to acquire a turnkey asset with upside in a growing area.

Property details

Price
$389,000
Bedrooms
9
Bathrooms
4
Year built
1891
Lot size
3,485 sqft
Type
Multi-Family
Days on market
117
Est. property tax
$8,091/yr · $674/mo · 2.08% IL avg
Last sold
$295,000 · Oct 2006

Estimated monthly payment

Down payment20% ($77,800)
Interest rate6.75%
Principal & Interest$2,018
Property Tax$357
Insurance$150
Total$2,525/mo

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Price history

▼ 1.5%Most recent change on 2026-04-10: $395,000 → $389,000.

$522K$238K$-47K$63K on Jun 04 (Sold)$215K on Nov 04 (Sold)$295K on Oct 06 (Sold)$179K on Sep 08 (Initial list)$179K on Mar 09 (Price change)$15K on Mar 14 (Initial list)$15K on Apr 14 (Price change)$15K on May 14 (Relisted)$11K on Jun 14 (Price change)$1K on Jul 14 (Sold)$350K on Jun 23 (Initial list)$350K on Nov 23 (Price change)$365K on Mar 25 (Initial list)$475K on Dec 25 (Initial list)$425K on Jan 26 (Price change)$399K on Feb 26 (Price change)$400K on Mar 26 (Price change)$395K on Apr 26 (Price change)$389K on Apr 26 (Price change)
$63K · Jun 04$389K · Apr 26
  1. Apr 10, 2026$389,000Price change
  2. Apr 7, 2026$395,000Price change
  3. Mar 28, 2026$399,999Price change
  4. Feb 6, 2026$399,000Price change
  5. Jan 21, 2026$425,000Price change
  6. Dec 30, 2025$475,000Initial list price
  7. Mar 29, 2025$365,000Initial list price
  8. Nov 3, 2023$350,000Price change
  9. Jun 23, 2023$350,000Initial list price
  10. Jul 14, 2014$500Sold
  11. Jun 2, 2014$11,000Price change
  12. May 1, 2014$15,200Relisted
  13. Apr 12, 2014$15,200Price change
  14. Mar 20, 2014$15,200Initial list price
  15. Mar 1, 2009$179,000Price change
  16. Sep 27, 2008$179,000Initial list price
  17. Oct 4, 2006$295,000Sold
  18. Nov 18, 2004$215,000Sold
  19. Jun 8, 2004$63,000Sold

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.

Location

Map of 8744 S Saginaw Ave, Chicago
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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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