About 8914 S Exchange Avenue
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.
Features of 8914 S Exchange Avenue
| MLS® # | 12714543 |
|---|---|
| Price | $190,000 |
| Bedrooms | 6 |
| Bathrooms | 0.00 |
| Year Built | 1883 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Active |
| Taxes | $2,659 |
Community Information
| Address | 8914 S Exchange Avenue |
|---|---|
| Area | CHI - South Chicago |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60617 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Off Street, Yes, Owned |
| Is Waterfront | No |
| New Construction | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Frame |
|---|---|
| Roof | Asphalt |
| Foundation | Concrete Perimeter |
School Information
| District | 299 |
|---|---|
| Elementary | James Thorp Elementary School |
| Middle | James Thorp Elementary School |
| High | Bowen High School |
Additional Information
| Days on Market | 7 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Loyalty |
|---|