Chicago, IL 60617,8436 S Exchange AVE
Chicago, IL 60617,8436 S Exchange AVE
Chicago, IL 60617,8436 S Exchange AVE
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$255,000
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5 Beds
2 Baths
Active

8436 S Exchange AVE Chicago, IL 60617

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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

Area Chi - South Chicago

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

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


Midwest Real Estate Data (MRED) IDX
Listed by Cristina Rincon of  Marblestone Property Group LLC 

Nearby Locations

SCHOOLSPROPERTIES
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 Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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8436 S Exchange AVE