Active Under Contract

$190,000

8914 Exchange Avenue, Chicago, IL 60617
6 Beds3 Baths63 days
8914 Exchange Avenue·Chicago, IL 60617
6Bedrooms
3Bathrooms
1883Year Built
About This Home

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.

MLS# 12714543Listed July 23, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms9

Size & Structure

Year Built1883
Lot Size25 x 125

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$190,000
Annual Taxes (2024)$2,659
Monthly Tax Est.$222
Parcel #26062150280000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Frame

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off StreetYesOwned
Schools
Elementary
James Thorp Elementary School
District: 299
Middle School
James Thorp Elementary School
District: 299
High School
Bowen High School
District: 299
Tax & Financial
Annual Taxes
$2,659
Tax Year 2024
Monthly Tax Est.
$222
per month
Property Location

8914 Exchange Avenue, Chicago, IL 60617 — Cook County

$190,000
8914 Exchange Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
63 days on market
25 x 125
$2,659/yr taxes
$1,220
estimated monthly payment
Principal & Interest
$999/mo
Property Tax
$222/mo
$190,000
20% — $38,000
3%50%
6.875%
3%12%
Loan Amount
$152,000
Down Payment
$38,000

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

Listed by
RE/MAX Loyalty
Agent: Mark Santoyo
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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