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8109 S Exchange Avenue Chicago, IL 60617
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Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12131471
Sold Date 02/12/25
Bedrooms 6
Year Built 1965
Annual Tax Amount $2,109
Tax Year 2023
Lot Dimensions .092
Property Sub-Type Two to Four Units
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 $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!
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Rooms
Basement None
Interior
Heating Steam
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with JC Gonzalez • Cloud Gate Realty LLC