9720 S Exchange Avenue
Chicago, IL 60617

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $265,000

About this home

This delightful residence offers the perfect blend of modern living and classic charm. Nestled in a friendly neighborhood, this home is designed for comfort and convenience. Step into a spacious living room with natural light, creating a warm and welcoming atmosphere. The finished attic space provides versatility-use such as home offices, or a cozy recreational area. Conveniently situated near schools, parks, beach, lake, public transportation and the Chicago Skyway. Explore nearby shopping centers, restaurants, and cultural attractions. Driving distance from the Obama Library, Trinity Advocate Hospital, Haborside International Golf Center and Mascot Hall of Fame. New Water Heater installed 2023 and Furnace 2022. Exterior and Interior updates as of June 25, 2024 completed. You can Cash flow renting out all units, house hack or owner occupy. Laundry room with included washer and dryer. Kitchen with included refrigerator and stove. Fenced yard for privacy ready for your ideas with some TLC. Unit 1 was previously rented for 1, 350 while Unit 2 for $1, 981. Remodeled in 2021. Don't miss this opportunity to make this property yours! Easy to show. Schedule your viewing today. This will not last long! Send your offer in now.

Property details

Interior Features
Additional Rooms Kitchen, Utility Room-1st Floor, Utility Room-2nd Floor
Basement Description Slab,None
Basement Bathrooms No
Basement None
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 3
Full Baths in Building Count 3
Total Rooms 14
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1350
Appliances And Features Refrigerator, Washer, Dryer, Laundry Hook-Up
Full Baths Total 1
Lease Expiration Date 10/23
Rooms Total 6
Tenant Pays All
Floor Number 1
Square Feet 1260
unit 2
Beds Total 4
Baths Total 2
Actual Rent 1981
Appliances And Features Stove, Refrigerator, Laundry Hook-Up, Range Hood
Full Baths Total 2
Lease Expiration Date 10/23
Rooms Total 7
Tenant Pays All
Floor Number 2
Square Feet 1260
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1890
Exterior Building Type Brick
Exterior Property Features Balcony, Deck, Patio, Porch, Roof Deck, Storms/Screens, Other
Foundation Brick/Mortar, Concrete Perimeter
Parking None
Rehab Year 2021
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Pool, Tennis Court(s), Horse-Riding Area, Lake, Dock, Sidewalks, Street Lights
Area Major CHI - South Deering
Corporate Limits Chicago
Directions From Stony Island take East to Exchange Ave
Equipment TV-Cable, CO Detectors, Ceiling Fan(s), Security Cameras, Water Heater-Electric
Elementary School Marsh Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Electric
High Sch Bowen High School
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Hyde Park
Property / Lot Details
Lot Dimensions 3475
Lot Description Fenced Yard
Lot Size Source County Records
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Tri-Level
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Gross Rental Income $43,303
Rental Income 43303
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 26061290230000
Special Assessments U
Taxes $665
Tax Year 2021
$265,000 Listing Price:
MLS # 11958352
Investment Profile Residential Income
Listing Market Time 172 days
Basement None
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 01/10/2024
Year Built 1890
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