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8914 S Exchange Ave, Chicago, IL, 60617

6beds
3baths
--sqft
$190,000
--price/sqft
$1,526/moest. monthly cost
$61,040/yrincome needed

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.

Getting Around

81
WalkingVery Walkable
62
TransitGood Transit
70
BikeVery Bikeable

Schools

3/10
1/10
Bowen High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1883

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 26062150280000
  • Special condition: None

Lot

  • Lot size: 3,125 sqft
  • Lot size dimensions: 25 x 125

Parking

  • Total spaces: 4
  • Parking features: Off Street,Yes,Owned