8400 South Exchange, Chicago IL 60617
- Units 4
- Total Beds 8
- Total Baths 4
- Taxes $531
- Payment Estimate View Mortgage Calculator
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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!
Features & Information
Key Details
- List Price $114,500
- Property Taxes $531
- Price/ Sq. Ft. Unavailable
- Year Built 1888
- Parking Type None
- Status Price Change
Rooms
- Total Rooms 12
- Basement N
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding,Concrete
- Heating & Cooling Gas
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Units
- Unit 1 Stove, Refrigerator, Microwave
- Unit 2 Stove, Refrigerator, Microwave
- Unit 3 None
- Unit 4 None
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property Take I-88 East From Aurora. Merge Onto I-290 East Toward Chicago. Continue Onto I-90 East/i-94 East (dan Ryan Expressway). Take Exit 104 For 87th Street. Turn Left Onto W 87th Street. Turn Left Onto S Exchange Avenue. Proceed To 8400 S Exchange Ave.
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 531
- Tax Year 2022
- Parcel Identification Number 21314110250000
Utilities
- Sewer Sewer-Publ
Listed by Landon Kelly for Real Broker, LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 1/24/2025 10:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore South Chicago
In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.
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