$199,900
8711 S Exchange Avenue
Chicago, IL, 60617
Exceptional Investment Opportunity Legal 4-Unit with Additional in-law arrangement garden unit. This high-potential property presents a rare opportunity for savvy investors. The building spans approximately 3,050 square feet and features 10 bedrooms, 5 bathrooms, and a detached 2-car garage. Currently fully occupied, the property generates $4,250 in monthly rental income, with substantial potential for increased cash flow through rent adjustments and cosmetic improvements. A light rehab could significantly enhance the property’s value and appeal.
Property Details
Price:
$199,900
MLS #:
MRD12378247
Status:
Active
Beds:
8
Baths:
5
Type:
Multi Family
Neighborhood:
CHI – South Chicago
Listed Date:
May 29, 2025
Year Built:
1880
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Frame
Parking Features
On Site, Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$1,488
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 Sep 08, 2025
1,514
Multi Family Listed
81
Avg DOM
$497,801
Avg List Price
Community
- Address8711 S Exchange Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
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Property Summary
- 8711 S Exchange Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $199,900 To schedule a showing of MLS#mrd12378247 at 8711 S Exchange Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
8711 S Exchange Avenue
Chicago, IL
