$170,000
8109 S Exchange Avenue
Chicago, IL, 60617
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!
Property Details
Price:
$170,000
MLS #:
MRD12131471
Status:
Active Under Contract
Beds:
6
Baths:
2
Address:
8109 S Exchange Avenue
Type:
Multi Family
Neighborhood:
CHI – South Chicago
City:
Chicago
Listed Date:
Aug 6, 2024
State:
IL
ZIP:
60617
Year Built:
1965
Schools
School District:
299
Interior
Heating
Steam
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Parking Spots
2
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$2,110
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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8109 S Exchange Avenue
Chicago, IL
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