$190,000
8242 S Houston Avenue
Chicago, IL, 60617
Cash flow from day one with this well-maintained 2-flat in South Chicago offering immediate rental income with future potential to enhance value over time. Each unit features a spacious 3-bedroom layout with comfortable living and dining areas, providing ample room for both dining and entertainment. The property is fully occupied, creating a stable foundation for ownership from day one. A full basement offers additional space for storage or the possibility to further optimize the property’s functionality. Property is being sold AS IS. Situated on a residential block with access to public transportation and everyday conveniences, this is a solid opportunity for those looking to invest in a property with both current income and long-term potential.
Property Details
Price:
$190,000
MLS #:
MRD12610800
Status:
Active Under Contract
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Apr 7, 2026
Year Built:
1885
Schools
School District:
299
Interior
Heating
Natural Gas, Radiator(s)
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding
Financial
Tax Year
2024
Taxes
$1,748
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Jul 01, 2026
1,422
Multi Family Listed
80
Avg DOM
$525,413
Avg List Price
Community
- Address8242 S Houston Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
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Property Summary
- 8242 S Houston Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $190,000 To schedule a showing of MLS#mrd12610800 at 8242 S Houston Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
8242 S Houston Avenue
Chicago, IL
