8938 S Exchange Avenue
Chicago, IL 60617

Status: Active
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $430,000
Gallery single image view Gallery grid view Street view Map view

About this home

Discover this exceptional investment opportunity for CONVENTIONAL & CASH BUYERS: a recently updated 3-flat building with strong rental income. Each of the three units boasts 3 bedrooms and 1 bathroom, featuring separate living and dining rooms with brand-new flooring. The kitchens were fully upgraded with granite countertops, new cabinets, and stylish backsplashes. Central air conditioning were installed in every unit, Washer/dryer hookups in two units, Fenced backyard and Two-car garage. Unit one is currently vacant, offering immediate potential for either rental income or owner occupancy. Don't miss this chance to invest in a property with modern amenities and excellent cash flow prospects.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1920
Parking Total 2
Exterior Building Type Vinyl Siding
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2022
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - South Chicago
Zoning Type MULTI
Corporate Limits Chicago
Directions West on 89th Street from Commercial Avenue and North on Exchange Avenue to Property
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 3
Full Baths in Building Count 3
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Tenant Pays All
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1236
Appliances And Features Stove, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date 09/30
Rooms Total 6
Tenant Pays All
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1450
Appliances And Features Stove, Refrigerator, Microwave, Laundry Hook-Up
Full Baths Total 1
Lease Expiration Date 07/31
Rooms Total 6
Tenant Pays All
Floor Number 3
Property / Lot Details
Lot Dimensions 3475
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 26062150350000
Special Assessments N
Taxes $1,238
Tax Exemptions None
Tax Year 2022
$430,000 Listing Price:
MLS # 12070629
Investment Profile Residential Income
Listing Market Time 27 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 05/31/2024
Year Built 1920
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...