Listing provided courtesy of Second City Real EstateMREDMLS# 12686851MLS Provider
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Rare opportunity to own an updated and exceptionally versatile brick 2-flat in a prime Skokie location. Whether you're an investor seeking strong cash flow potential or a savvy owner-occupant looking to house hack (live in one unit and rent out the other), this property offers flexibility, income potential, and major capital improvements already completed. Each of the two main units features 3 bedrooms, 1 full bathroom, spacious living areas, hardwood flooring throughout, and modern kitchens and baths. The kitchens are highlighted by stainless steel appliances, white shaker cabinets, and granite countertops. Attached to each unit are enclosed porches which could be used for extra storage space or an office/den. Since purchasing the property in 2021, the current owner has continued to improve the building with significant upgrades, including a water heater replacement (2022), new roof (2024), new siding (2024), newer A/C unit (2024), and more! The basement, non-conforming unit offers additional finished living space with a separate entrance, bedroom, bathroom, kitchen, and living area, presenting outstanding flexibility for extended family, guests, home office use, storage, or potential future income opportunities. Additional features include separate utilities for the two main units, coin-operated laundry, flood control system/sump pump, detached 2-car garage, and an additional exterior parking space. Conveniently located near Downtown Skokie (shopping, restaurants, bars, etc), parks, I-94, and public transportation (buses and CTA yellow line).

Source: MRED, MLS#: 12686851

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 8156 Knox Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/30/2026Source: MRED Status Change
Contingent
6/25/2026Source: MRED Added to Database
June 25, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022