$330,000
$299,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
SOLD DATE : 07/02/2026
Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12620969
Sold Date 07/02/26
Bedrooms 8
Year Built 1888
Annual Tax Amount $3,464
Tax Year 2024
Lot Dimensions 138x25
Property Sub-Type Two to Four Units
Property Description
Welcome to 8756 S Exchange Ave, a solid investment opportunity with flexibility for an owner occupant. One unit is vacant and freshly painted, ready to move right in or rent out at market rate. The building also features coin operated laundry in the basement, providing additional income. All tenants are current on rent, making this a stable, turn key property from day one. Whether you're looking to live in one unit and offset your mortgage or add a dependable asset to your portfolio, this is a great fit. Strong rental demand in the area, plus the ability to increase rents over time, gives this property solid long term upside. Low maintenance, income producing, and ready to go.
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas, Electric
Fireplace N
Exterior
Garage Spaces 2.0
Building
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Bernadette McLain of Baird & Warner
NEARBY SCHOOLS & BUSINESSES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States