8914 S Exchange Avenue,Chicago, IL 60617
Chicago, IL 60617
Description
Located in the rapidly developing South Chicago area, this three-unit frame property presents a strong opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom with functional layouts and solid rental potential. The property offers a spacious rear yard with enough room to add a garage or create a multi-car parking pad for additional value and convenience.The building does require some cosmetic updates and improvements, making it an excellent value-add opportunity, but it is currently occupied and has the potential to begin generating rental income immediately. Whether you're looking to renovate over time, expand your investment portfolio, or create long-term equity, this property offers flexibility and upside in a growing location near transportation, shopping, schools, and major city access.
Details
| MLS # | 12714543 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1883 |
| Days On Site | 63 |
| Listing Provided By | RE/MAX Loyalty | Mark Santoyo |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
Interior
| Rooms Total | 9 |
|---|---|
| Heating | Natural Gas |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Frame |
Parking
| Parking Features | Off Street, Yes, Owned |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2658.99 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Chicago |
| School District | Bowen High School |
| Elementary School | James Thorp Elementary School |
| High School | Bowen High School |
| Listing VS Median (in 60617) | |
Price: $190,000 low | high Med: $212,450 On site: 63 low | high Med: 98 | |
Market Activity 60617
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Chicago |
| School District | Bowen High School |
| Elementary School | James Thorp Elementary School |
| High School | Bowen High School |
| Listing VS Median (in 60617) | |
Price: $190,000 low | high Med: $212,450 On site: 63 low | high Med: 98 | |
