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$ 149,900
Est. payment /mo
Active Under Contract
8711 S Exchange AVE Chicago, IL 60617
8 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12378247
Bedrooms 8
Year Built 1880
Annual Tax Amount $1,488
Tax Year 2023
Lot Dimensions 150X25
Property Sub-Type Two to Four Units
Property Description
Exceptional Investment Opportunity Legal 4-Unit with Additional in-law arrangement garden unit. This high-potential property presents a rare opportunity for savvy investors. The building spans approximately 3,050 square feet and features 10 bedrooms, 5 bathrooms, and a detached 2-car garage. Currently fully occupied, the property generates $4,250 in monthly rental income, with substantial potential for increased cash flow through rent adjustments and cosmetic improvements. A light rehab could significantly enhance the property's value and appeal.
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Short Sale
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rachel Ruffin of Executive Realty Group LLC
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