8914 S Exchange AVE Chicago, IL 60617 New

UPDATED: 07/24/2026 04:47 AM ON MARKET: 1 days on market

$190,000

6 Beds3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12714543

Bedrooms 6

Year Built 1883

Annual Tax Amount $2,658

Tax Year 2024

Lot Dimensions 25 x 125

Property Sub-Type Two to Four Units

Property Description

Located in the rapidly developing South Chicago area, this three-unit frame property presents a strong opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom with functional layouts and solid rental potential. The property offers a spacious rear yard with enough room to add a garage or create a multi-car parking pad for additional value and convenience.The building does require some cosmetic updates and improvements, making it an excellent value-add opportunity, but it is currently occupied and has the potential to begin generating rental income immediately. Whether you're looking to renovate over time, expand your investment portfolio, or create long-term equity, this property offers flexibility and upside in a growing location near transportation, shopping, schools, and major city access.


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