Chicago, IL 60617 8711 S Exchange Avenue
$199,900
Presented By: Executive Realty Group LLC
Beds • 8
Baths • 5
Garage • 2
Home Details
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.
Presented By: Executive Realty Group LLC
Interior Features for 8711 S Exchange Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building5
Half Baths Building
Total Baths5
Other Interior Features
BasementFinished, Full
Total Number of Units4
General for 8711 S Exchange Avenue
CityChicago
Construction MaterialsFrame
CountyCook
Directions87th St to Exchange, South to address
Elementary School District299
Garage Spaces2
HeatingNatural Gas
High School District299
MLS AreaCHI - South Chicago
Middle/Junior School District299
ModificationTimestamp2025-06-11T20:30:01.857Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Immediate, Negotiable
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1488
Tax Year2023
Total Rooms35
TownshipHyde Park
Year Built1880
Exterior for 8711 S Exchange Avenue
Lot Dimensions150X25
Parking FeaturesOn Site, Detached, Garage
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
