$ 170,000
8109 S Exchange AVE Chicago, IL 60617
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$ 170,000
Est. payment | /mo
6 Beds
$ 170,000
Est. payment | /mo
6 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12131471
Bedrooms 6
Year Built 1965
Annual Tax Amount $2,109
Tax Year 2023
Lot Dimensions .092
Property Description
This 2-unit building is located in the heart of South Chicago, offering a prime location close to shopping, dining, and public transportation. Each spacious unit boasts 3 bedrooms and 1 bathroom, providing ample living space for residents. Long-term tenants currently occupy both units on month-to-month leases, offering stability and immediate cash flow. The building generates a gross rental income of $2200/month, with tenants responsible for their own electric and gas utilities. A detached garage is included, providing additional income potential or storage space. While the garage requires some TLC, the solid brick construction of the building provides a foundation for any renovation plans. Don't miss this chance to own an income property in a thriving neighborhood!
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement None
Interior
Heating Steam
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Waterfront false
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Timothy Good • Keller Williams Preferred Rlty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "