8711 S Exchange Avenue
Chicago, IL, 60617
$149,900
8 Beds
5 Baths
0 SqFt
0 Acres
Add
Add
$149,900
8711 S Exchange Avenue
Chicago, IL, 60617
MLS #MRD12378247 image #0
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:
$149,900
MLS #:
MRD12378247
Status:
Active Under Contract
Beds:
8
Baths:
5
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
May 29, 2025
Year Built:
1880
Short SaleChi – South ChicagoChisouthchicago

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
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Oct 31, 2025
1,542
Multi Family Listed
81
Avg DOM
$493,726
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12479437broker reciprocity
3316 W Maypole Avenue
Chicago, IL

$190,000

4.3 miles away

broker reciprocity
MLS# MRD12498646broker reciprocity
712 W Marquette Road
Chicago, IL

$189,900

3.6 miles away

broker reciprocity
MLS# MRD12507997broker reciprocity
8220 S Wolcott Avenue
Chicago, IL

$189,000

3.6 miles away

broker reciprocity
MLS# MRD12464119broker reciprocity
6454 S Winchester Avenue
Chicago, IL

$189,000

3.0 miles away

broker reciprocity
MLS# MRD12316636broker reciprocity
7206 S Champlain Avenue
Chicago, IL

$185,000

4.7 miles away

broker reciprocity
MLS# MRD12434157broker reciprocity
6810 S Indiana Avenue
Chicago, IL

$185,000

3.4 miles away

broker reciprocity
MLS# MRD12503447broker reciprocity
7918 S Throop Avenue
Chicago, IL

$180,000

4.5 miles away

broker reciprocity
MLS# MRD12461731broker reciprocity
2244 S Drake Avenue
Chicago, IL

$179,900

3.0 miles away

broker reciprocity
MLS# MRD12473879broker reciprocity
8153 S Sangamon Street
Chicago, IL

$178,000

4.1 miles away

broker reciprocity
MLS# MRD12210073broker reciprocity
3501 W 61ST Place
Chicago, IL

$175,555

2.9 miles away

Property Summary

    8711 S Exchange Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $149,900 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