8109 South Exchange Avenue

Chicago, IL 60617

$170,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This 2-unit building is located in the heart of South Chicago, offering a prime location close to shopping, dining, and public transportation. Each spacious unit boasts 3 bedrooms and 1 bathroom, providing ample living space for residents. Long-term tenants currently occupy both units on month-to-month leases, offering stability and immediate cash flow. The building generates a gross rental income of $2200/month, with tenants responsible for their own electric and gas utilities. A detached garage...This 2-unit building is located in the heart of South Chicago, offering a prime location close to shopping, dining, and public transportation. Each spacious unit boasts 3 bedrooms and 1 bathroom, providing ample living space for residents. Long-term tenants currently occupy both units on month-to-month leases, offering stability and immediate cash flow. The building generates a gross rental income of $2200/month, with tenants responsible for their own electric and gas utilities. A detached garage is included, providing additional income potential or storage space. While the garage requires some TLC, the solid brick construction of the building provides a foundation for any renovation plans. Don't miss this chance to own an income property in a thriving neighborhood!
  1. Listed by Timothy Good • Keller Williams Preferred Rlty

Property Details for 8109 South Exchange Avenue

Area
CHI - South Chicago
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Hot Water/Steam
LISTING UPDATED: 09/25/2024 12:46 AM

Property Details for 8109 South Exchange Avenue

StatusActive
MLS #12131471
Days on Market107
Taxes$2,110 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1965
Lot Size0.09 AC / 4,007 SF
CountyCook County

Building Information for 8109 South Exchange Avenue

Stories-Residences2Year Built1965Building Size-Lot Size0.09 AC / 4,007 SF

Property Information for 8109 South Exchange Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: None
  • Bedrooms Possible: 6
  • Basement Description: Slab
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: .092
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 8109
  • East Coordinate: 2500
  • West Coordinate: 0
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 1
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,050.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM

Property History for 8109 South Exchange Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8109 South Exchange Avenue

Taxable ValueLand$4,000Additions$6,000Total$10,000
Tax Record2022$2,057 ($171 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,272 SqFtAbove Grade Finished SqFt1,272 SqFtStories1Lot Size4,000 SqFtStyleSingle Family ResidenceYear Built1967CountyCOOKAPN21-31-219-022

Schools near 8109 South Exchange Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Public - 6 to 12
Charter - K to 8
Rating
School
Distance
Ninos Heroes Elementary Academic Center
PublicPK to 8

Epic Academy High School
Charter9 to 12

CAMELOT SAFE ACADEMY SCHOOL
Public6 to 12

Great Lakes Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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8109 South Exchange Avenue is a multi-family home for sale in Chicago, IL 60617. This property was listed for sale on August 6, 2024 by Keller Williams Preferred Rlty, it's currently listed at $170,000. It has been on the market for a total of 107 days and was last sold on August 22, 2017. This listing's school district is Chicago Public Schools. Nearby schools include Ninos Heroes Elementary Academic Center, Epic Academy High School and CAMELOT SAFE ACADEMY SCHOOL. 8109 South Exchange Avenue is a 6-bed, 2-bath, multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Rlty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/25/2024 12:46 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.