Homes for sale - 8436 S Exchange Avenue, Chicago, IL 60617

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Michael Scanlon

michael.scanlon@exprealty.com +1(773) 630-9205

Listed by Cristina Rinconof Marblestone Property Group LLC

$255,000

Est. payment - /mo

5 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12470266

Bedrooms 5

Year Built 1889

Annual Tax Amount $1,352

Tax Year 2023

Lot Dimensions 3125 sq ft

Property Sub-Type Two to Four Units

Property Description

Investment Opportunity - Classic 2-Flat in South Chicago with Finished Attic including 2 bonus rooms! Conveniently located near shopping, schools, parks, and public transit, this property appeals to both renters and long-term investors. With stable tenancy upstairs and a fresh leasing opportunity on the 1st floor, it's a perfect blend of security and growth. 1st Floor: Vacant and ready - rent potential $1,300-$1,400/month 2nd Floor: Occupied with a Section 8 voucher tenant paying $1,600/month - FULL SUBSIDY That's $2,900- $3,000/month in gross income when fully leased! Whether you're adding to your portfolio or looking for a house-hack opportunity, 8436 S Exchange Ave delivers solid cash flow in a strong rental market , with a steady Cap Rate! Don't miss this one - schedule your showing today!

Location

State IL

County Cook

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

9

Earhart Options for Knowledge Elementary School

Public | KG - 6
8

McDowell Elementary School

Public | KG - 5
6

Addams Elementary School

Public | PK - 8
5

Woodlawn Elementary Community School

Public | PK - 6
5

Carnegie Elementary School

Public | PK - 8
5

Hoyne Elementary School

Public | KG - 6
5

Marsh Elementary School

Public | PK - 8
4

Black Magnet Elementary School

Public | KG - 8
4

Warren Elementary School

Public | PK - 8
4

Coles Elementary Language Academy

Public | KG - 8
3

Univ of Chicago Charter Schools

Public | PK - 12
3

Parkside Elementary Community Academy

Public | PK - 8
3

Bouchet Math and Science Academy Elementary School

Public | KG - 8
3

Burnham Elementary School

Public | PK - 8
3

Gallistel Elementary Language Academy

Public | PK - 8
3

Taylor Elementary School

Public | PK - 8
2

Schmid Elementary School

Public | PK - 8
2

Madison Elementary School

Public | KG - 8
2

South Shore Fine Arts Elementary School

Public | PK - 8
2

O'Keefe Elementary School

Public | KG - 8

Middle Schools 1

0

Camelot Safe Academy School

Public | 6 - 12

High Schools 10

8

South Shore International College Prep High School

Public | 12 - 12
6

Hyde Park Academy High School

Public | 9 - 12
3

Chicago Vocational Career Academy High School

Public | 9 - 11
1

Epic Academy High School

Public | 9 - 12
0

Magic Johnson - Roseland High School

Public | 9 - 12
0

School of Leadership High School

Public | 11 - 12
0

Winnie Mandela High School

Public | 9 - 12
0

Bowen High School

Public | 9 - 12
0

Camelot Safe Academy High School

Public | 9 - 12
0

St Francis de Sales High School

Private | 9 - 12

School and business data provided by Attom Data.

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Michael Scanlon

+1(773) 630-9205

Team leader | License ID: 475.188240

Team leader License ID: 475.188240

8436 S Exchange Avenue Chicago, IL 60617

Michael Scanlon

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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