8400 S Exchange AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60617
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12271129
Bedrooms 8
Year Built 1888
Annual Tax Amount $531
Tax Year 2022
Lot Dimensions 125X25
Property Description
This 4-unit property features four 2-bedroom, 1-bathroom units, offering ample potential for both new and experienced investors. Two units are already rented on a month-to-month basis, providing immediate rental income, while the other two units are awaiting renovation, perfect for adding value and increasing rental potential. This property is an ideal fix-and-flip project or a long-term hold for building wealth through passive income. Located in a desirable Chicago neighborhood with convenient access to amenities, this building has plenty of upside for the savvy investor!
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None