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$ 340,000
Est. payment /mo
Active
8548 S Exchange Avenue Chicago, IL 60617
8 Beds
4,356 Sqft Lot
UPDATED:
01/23/2025 06:07 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12125765
Bedrooms 8
Year Built 1924
Annual Tax Amount $2,531
Tax Year 2023
Lot Size 4,356 Sqft
Lot Dimensions 4687
Property Description
Welcome to this spacious 2-unit building offering both comfort and potential in the heart of South Chicago! Whether you're an investor seeking a high-performing rental property or a homeowner looking for rental income, this property is a perfect fit! Unit 1: Features 4 spacious bedrooms, 1 bathroom, a light-filled living room, and a functional kitchen with ample cabinet space. Unit 2: Offers 4 generous bedrooms, 1 bathroom, a large living area, and an updated kitchen perfect for entertaining. Basement: Full unfinished basement, ideal for additional storage or future development. Parking: Detached 2-car garage for convenient off-street parking. Outdoor Space: Cozy backyard, perfect for relaxing or entertaining. Key Updates: Newer roof (installed within the last 5 years). Updated plumbing and electrical systems. Fresh paint and well-maintained interiors in both units. Neighborhood Perks: Located in the thriving South Chicago neighborhood, this property is minutes from Lake Michigan, parks, and local shops. Enjoy easy access to public transportation, major highways, and the developing South Shore area. The location offers great potential as the neighborhood continues to grow and attract investment. Schedule your showing today and explore the possibilities!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rashauna Scott • Keller Williams ONEChicago