8938 S Exchange Avenue
Chicago, IL, 60617
$425,000
9 Beds
3 Baths
0 SqFt
0 Acres
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$425,000
8938 S Exchange Avenue
Chicago, IL, 60617
MLS #MRD12778964 image #0MLS #MRD12778964 image #1MLS #MRD12778964 image #2MLS #MRD12778964 image #3MLS #MRD12778964 image #4MLS #MRD12778964 image #5MLS #MRD12778964 image #6MLS #MRD12778964 image #7MLS #MRD12778964 image #8MLS #MRD12778964 image #9MLS #MRD12778964 image #10MLS #MRD12778964 image #11MLS #MRD12778964 image #12MLS #MRD12778964 image #13MLS #MRD12778964 image #14MLS #MRD12778964 image #15MLS #MRD12778964 image #16MLS #MRD12778964 image #17MLS #MRD12778964 image #18MLS #MRD12778964 image #19MLS #MRD12778964 image #20MLS #MRD12778964 image #21MLS #MRD12778964 image #22MLS #MRD12778964 image #23
Great Investment Opportunity! Welcome to this recently updated 3-flat featuring 3 bedrooms and 1 bathroom in each unit. Each unit offers separate living and dining rooms with new flooring, updated kitchens with granite countertops, new cabinets and backsplash, updated bathrooms, and central air. Two units also have washer/dryer hookups. Recent improvements include a brand-new porch, new copper water supply lines, updated electrical, fairly new hot water heaters, and a new concrete slab in the rear. The property also features a fenced backyard and detached 2-car garage. Units 1 and 3 are currently rented, while Unit 2 is vacant, offering an excellent opportunity for an owner-occupant or additional rental income. A great opportunity for a first-time investor or experienced owner looking for a well-maintained multi-unit property with strong rental potential.

Property Details

Price:
$425,000
MLS #:
MRD12778964
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Oct 14, 2026
Year Built:
1884
Chi – South ChicagoChisouthchicago

Schools

School District:
299

Interior

Heating
Gas, Forced Air

Exterior

Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Tax Year
2025
Taxes
$7,849
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 22, 2026
1,351
Multi Family Listed
78
Avg DOM
$529,660
Avg List Price

Community

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Property Summary

    8938 S Exchange Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $425,000 To schedule a showing of MLS#mrd12778964 at 8938 S Exchange Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8938 S Exchange Avenue
Chicago, IL