8436 S Exchange Avenue Chicago, IL ^$ 255,000

8436 S Exchange Avenue

^$ 255,000

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8436 S Exchange Avenue

Chicago, IL, 60617

^$ 255,000

Bedrooms5 Baths2.0

Monthly Estimate*

^$ 1,591

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Multi-Family Home for sale in Chicago, IL

for $255,000 with 5 bedrooms and 2 full baths. This home was built in 1889.

Investment Opportunity - Classic 2-Flat in South Chicago with Finished Attic including 2 bonus rooms! Conveniently located near shopping, schools, parks, and public transit, this property appeals to both renters and long-term investors. With stable tenancy upstairs and a fresh leasing opportunity on the 1st floor, it's a perfect blend of security and growth. 1st Floor: Vacant and ready - rent potential $1,300-$1,400/month 2nd Floor: Occupied with a Section 8 voucher tenant paying $1,600/month - FULL SUBSIDY That's $2,900- $3,000/month in gross income when fully leased! Whether you're adding to your portfolio or looking for a house-hack opportunity, 8436 S Exchange Ave delivers solid cash flow in a strong rental market , with a steady Cap Rate! Don't miss this one - schedule your showing today!

Multi-Family Active

Price

^$ 255,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,352

Style

Year Built

1889

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12470266

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Construction Materials Vinyl Siding

Year Built 1889

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

Gross Income 1600

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 13

Status Active

Directions 83rd St East to Exchange Ave South to property

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 1352

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 5

Total Baths 2

Bedrooms Possible 5

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes

Water Source Lake Michigan

Total Parking 2

Lot Dimensions 3125 sq ft

Waterfront Y/N N

* Excluded Features

List By

Marblestone Property Group Llc

Broker

tina@marblestonepg.com

Affordability Calculator

$1,704

Per Month

Monthly Principal & Interest: $1,591
Monthly Property Taxes: $113
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$617,695

Percent of Sale Price 142%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/21/2025	$255,000	-7.27%	Price Down
10/30/2025	$275,000	-5.17%	Price Down
9/18/2025	$290,000		Listed Price

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8436 S Exchange Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $255,000. 8436 S Exchange Avenue has 5 bedrooms, 2.0 baths, and was built in 1889. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/12/2025.

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8436 S Exchange Avenue

Multi-Family Home for sale in Chicago, IL

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