8711 S Exchange Ave
Chicago, IL 60617
10 Beds5 Baths3,050 Sq Ft10 Days on Market
Listing Agent & Comments
Exceptional Investment Opportunity Legal 4-Unit with Additional in-law arrangement garden unit. This high-potential property presents a rare opportunity for savvy investors. The building spans approximately 3,050 square feet and features 10 bedrooms, 5 bathrooms, and a detached 2-car garage. Currently fully occupied, the property generates $4,250 in monthly rental income, with substantial potential for increased cash flow through rent adjustments and cosmetic improvements. A light rehab could significantly enhance the property's value and appeal.
MLS# MRD12378247 • Data provided by MRED as distributed by MLS Grid
Living Area | 3,050 Sq.Ft. |
---|---|
Lot Size | 3,476 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 10 |
Bathrooms | 5 |
Stories | 2 |
Year Built | 1880 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $1,481 |
Property in Flood Zone | -- |
Data provided by MRED as distributed by MLS Grid.
More Information On This Home
This home's estimated value
$85,089
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
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HouseCanary, Inc. Brokerage
8711 S Exchange Ave., Chicago, IL 60617
Multifamily10 Beds5 Baths3,050 Sq Ft10 Days on Market
Listing Agent & Comments
Exceptional Investment Opportunity Legal 4-Unit with Additional in-law arrangement garden unit. This high-potential property presents a rare opportunity for savvy investors. The building spans approximately 3,050 square feet and features 10 bedrooms, 5 bathrooms, and a detached 2-car garage. Currently fully occupied, the property generates $4,250 in monthly rental income, with substantial potential for increased cash flow through rent adjustments and cosmetic improvements. A light rehab could significantly enhance the property's value and appeal.
MLS# MRD12378247 • Data provided by MRED as distributed by MLS Grid
Living Area | 3,050 Sq.Ft. |
---|---|
Lot Size | 3,476 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 10 |
Bathrooms | 5 |
Stories | 2 |
Year Built | 1880 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $1,481 |
Property in Flood Zone | -- |
Data provided by MRED as distributed by MLS Grid.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
8711 S Exchange Ave
Chicago, IL 60617
10 Beds5 Baths3,050 Sq Ft10 Days on Market
Listing Agent & Comments
Exceptional Investment Opportunity Legal 4-Unit with Additional in-law arrangement garden unit. This high-potential property presents a rare opportunity for savvy investors. The building spans approximately 3,050 square feet and features 10 bedrooms, 5 bathrooms, and a detached 2-car garage. Currently fully occupied, the property generates $4,250 in monthly rental income, with substantial potential for increased cash flow through rent adjustments and cosmetic improvements. A light rehab could significantly enhance the property's value and appeal.
MLS# MRD12378247 • Data provided by MRED as distributed by MLS Grid
Living Area | 3,050 Sq.Ft. |
---|---|
Lot Size | 3,476 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 10 |
Bathrooms | 5 |
Stories | 2 |
Year Built | 1880 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $1,481 |
Property in Flood Zone | -- |
Data provided by MRED as distributed by MLS Grid.
More Information On This Home
This home's estimated value
$85,089
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard