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8143 S Sangamon St, Chicago, photo 1
8143 S Sangamon St, Chicago, photo 2
8143 S Sangamon St, Chicago, photo 3
8143 S Sangamon St, Chicago, photo 4
8143 S Sangamon St, Chicago, photo 5

8143 S Sangamon St

8143 S Sangamon St

Chicago, IL 60620

Multi Family
Share price$17.71
Avg yield—
Current yield0%
CommunityDiscuss this property with investors and the property manager

About

2-unit duplex located in Chicago, Illinois. The property was remodeled in 2016 with updates including light fixtures, windows, kitchens, countertops, and bathrooms, and features a new roof installed in September 2025, two 4-bedroom, 1-bathroom units, hardwood floors throughout, individual heating, an unfinished basement, a two-car detached garage, and a sewer main replaced in 2021. Unit 1 is occupied on a 1-year lease renewal from 09/01/2025 to 08/31/2026 at $1,350 per month, with $1,047 paid by the Chicago Housing Authority and $303 by the tenant, and has been leased since 07/01/2021. Unit 2 is occupied on a 2-year lease from 04/08/2025 to 04/07/2027 with rent of $1,575 per month through 04/07/2026 and $1,650 per month from 04/08/2026 to 04/07/2027, with a $2,362.50 security deposit.

Property Management

ECO Systems LLC

ECO Systems LLC is a property management company specializing in residential rental properties across the Midwest and East Coast. With a diverse portfolio spanning Ohio, Illinois, New York, and Florida, ECO Systems focuses on hands-on property management, tenant relations, and maximizing returns for co-owners. The team manages properties ranging from single-family homes to small multifamily buildings, with a particular focus on affordable housing markets with strong rental demand.

About this offering

Total Property Value$331,176.98
Equity
$317,257
Closing Costs$3,500
City Transfer Tax$2,320
LLC Formation$600
Operating Reserve
$3,785.41

The Market

Chicago, IL

Chicago is the Midwest’s largest economic hub, with major employers in finance, healthcare, logistics, and tech. The CTA’s rail and bus network connects neighborhoods to downtown jobs, and the lakefront trail, parks, and world-class dining and culture make the city a draw for residents. Many South Side neighborhoods offer homeownership at a fraction of downtown prices, and a large renter population keeps demand for quality rental homes steady.

Property Updates

UpdateAug 1, 2026
  • Request for Property Manager Update — Unit 1 Lease Renewal

  • Unit 1’s current lease expires on 08/31/2026. The DAO would like a status update from the PM on the following:

    1. Has the tenant and/or CHA been contacted regarding lease renewal?
    1. What is the tenant’s stated intention (renew, vacate, undecided)?
    1. If renewal is being pursued, what rent/terms are being discussed?
    1. Is the recent porch repair work complete enough to pass CHA inspection if required for renewal?
  • Please provide a written update so the DAO can determine next steps and, if needed, file any required Section 8 paperwork in a timely manner.

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Share price

$17.71