8548 South Exchange Avenue
$340,000
8
2
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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:...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!
- Listed by Rashauna Scott • Keller Williams ONEChicago
Property Details for 8548 South Exchange Avenue
Area
CHI - South Chicago
TownshipSouth Chicago
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Heat/FuelRadiator(s)
ZoningMULTI
LISTING UPDATED: 01/02/2025 12:07 AM
Property Details for 8548 South Exchange Avenue
Status | Active |
---|---|
MLS # | 12125765 |
Days on Market | 11 |
Taxes | $2,532 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1924 |
Lot Size | 0.10 AC / 4,356 SF |
County | Cook County |
Building Information for 8548 South Exchange Avenue
Stories-Residences2Year Built1924Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 8548 South Exchange Avenue
Property History for 8548 South Exchange Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8548 South Exchange Avenue
Taxable ValueLand$4,687Additions$7,313Total$12,000
Tax Record2022$2,468 ($206 / month)
Home Facts
Baths2Total Finished SqFt2,452 SqFtAbove Grade Finished SqFt2,452 SqFtStories2Lot Size4,687 SqFtStyleMulti-Family Dwelling (2-4)Year Built1928CountyCOOKAPN21-31-418-039
Schools near 8548 South Exchange Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mireles Elementary Academy PublicPK to 8 | ||
Bowen High School Public9 to 12 | ||
Great Lakes Academy CharterK to 8 | ||
Epic Academy High School Charter9 to 12 |
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.
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