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$ 425,000
Est. payment /mo
New
8938 S Exchange AVE Chicago, IL 60617
9 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12778964
Bedrooms 9
Year Built 1884
Annual Tax Amount $7,849
Tax Year 2025
Lot Dimensions 3475
Property Sub-Type Two to Four Units
Property Description
Great Investment Opportunity! Welcome to this recently updated 3-flat featuring 3 bedrooms and 1 bathroom in each unit. Each unit offers separate living and dining rooms with new flooring, updated kitchens with granite countertops, new cabinets and backsplash, updated bathrooms, and central air. Two units also have washer/dryer hookups. Recent improvements include a brand-new porch, new copper water supply lines, updated electrical, fairly new hot water heaters, and a new concrete slab in the rear. The property also features a fenced backyard and detached 2-car garage. Units 1 and 3 are currently rented, while Unit 2 is vacant, offering an excellent opportunity for an owner-occupant or additional rental income. A great opportunity for a first-time investor or experienced owner looking for a well-maintained multi-unit property with strong rental potential.
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement Crawl Space
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Marco Ponce of Coldwell Banker Realty
NEARBY SCHOOLS & PROPERTIES
Erin Booker | Ellis Booker | Andrew Austria
Real Estate Team License ID: 475.192053