Chicago, IL 60617,8400 S Exchange AVE
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$ 149,000
Est. payment /mo
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8400 S Exchange AVE Chicago, IL 60617

8 Beds

4 Baths


UPDATED:

01/15/2025 02:32 AM

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


Midwest Real Estate Data (MRED) IDX
Listed by Landon Kelly • Real Broker, LLC
agent

Dick Barr, CRS

Managing Broker | License ID: 471.011187

+1(847) 644-1154

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8400 S Exchange AVE