ClosedPrice Reduced

$170,000

$180,000
8109 Exchange Avenue, Chicago, IL 60617
6 Beds2 Baths112 days
8109 Exchange Avenue·Chicago, IL 60617
6Bedrooms
2Bathrooms
1965Year Built
About This Home

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 $2000/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!

MLS# 12131471Listed August 6, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1965
Lot Size.092

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$170,000
Original Price$180,000
Annual Taxes (2023)$2,110
Monthly Tax Est.$176
Parcel #21312190220000
Interior Features

Heating

Steam

Basement

None
Exterior & Lot

Construction

Brick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$2,110
Tax Year 2023
Monthly Tax Est.
$176
per month
Price Reduced by $10,000
Original list price: $180,000
Property Location

8109 Exchange Avenue, Chicago, IL 60617 — Cook County

$170,000
8109 Exchange Avenue
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
112 days on market
2-car garage
.092
$2,110/yr taxes
Price reduced $10,000
$1,069
estimated monthly payment
Principal & Interest
$893/mo
Property Tax
$176/mo
$170,000
20% — $34,000
3%50%
6.875%
3%12%
Loan Amount
$136,000
Down Payment
$34,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams Preferred Rlty
Agent: Timothy Good
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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