Chicago, IL 60617,8711 S Exchange AVE
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$ 199,900
Est. payment | /mo

10 Beds

5 Baths


Save
$ 199,900
Est. payment | /mo
Save

10 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12378247

Bedrooms 10

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 None

Midwest Real Estate Data (MRED) IDX
Listed by Rachel Ruffin • Executive Realty Group LLC
agent
Halina Zdanowski

Broker | License ID: 471.018308

+1(708) 790-3321 | jkrealestate16@gmail.com

Learn More About LPT Realty

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8711 S Exchange AVE