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8109 S Exchange Avenue

Chicago, IL 60617
  • $170,000
  • STATUS: Active Under Contract
  • ON SITE: 119 Days
  • MLS #: 12131471
Under Contract
UPDATED: 221 min ago
$170,000
  • 6
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Ratings & Info

School District:
299

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 $2200/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!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-03T23:59:48.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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8109 S Exchange Avenue Chicago, IL 60617

  • Price: $170,000
  • Status: Active Under Contract
  • On Site: 119 Days
  • Updated: 221 min ago
  • MLS #: 12131471
6
Beds
0
Baths
0
½ Baths
N/A
Acres
1965
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
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 $2200/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!
Exterior Features

Exterior Building Type Brick Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details Garage Parking Total 2 Roof Asphalt Waterfront YN No

Interior Features

Basement Slab Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 2 Half Baths In Building 0 Heating Steam Rooms Total 10

Property Features

Additional Parcels YN No Age 51-60 Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show No - has seller written direction Corporate Limits Chicago General Information None Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2109.9 Tax Year 2023 Total Numberof Unitsin Building 2 Township Hyde Park Type Two to Four Units Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Preferred Rlty: 708-798-1111.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-03T23:59:48.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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