8109 S Exchange Avenue Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60617
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12131471
Bedrooms 6
Year Built 1965
Annual Tax Amount $2,109
Tax Year 2023
Lot Dimensions .092
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!
Location
State IL
County Cook
Community Curbs,Sidewalks,Street Lights,Street Paved
Rooms
Basement None
Interior
Heating Steam
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition None