8834 S Exchange Avenue Chicago, IL ^$ 185,000

8834 S Exchange Avenue

^$ 185,000

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8834 S Exchange Avenue

Chicago, IL, 60617

^$ 185,000

Bedrooms6 Baths2.0

Monthly Estimate*

^$ 1,139

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Multi-Family Home for sale in Chicago, IL

for $185,000 with 6 bedrooms and 2 full baths.

Cash Flow! Cash Flow! Both Units Currently rented at a total of $2,000.00/Month. Looking to Build or Increase your portfolio? Here it is. This charming 2-unit, 2-story home is the perfect blend of comfort and cash flow. Whether you're a seasoned investor or just starting your portfolio, this property offers a golden opportunity to generate income while building long-term equity. 6 spacious bedrooms total - ideal for multi-family living or maximizing rental potential Two separate units, live in one, rent the other, or rent both for double the income. Property taxes under $400!!! Yes this is not a typo!!! Keeping your overhead low and your profits high. Solid structure and layout - ready for tenants or personal touches to boost value.

Multi-Family Contingent

Price

^$ 185,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 356

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12483625

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air

Possession Closing

Garage Spaces 2

Construction Materials Vinyl Siding

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Other Contingency

Total Rooms 12

Status Contingent

Directions E. 87TH STREET TO EXCHANGE (ONE WAY N.) THEN SOUTH

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 356

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 6

Total Baths 2

Bedrooms Possible 6

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Detached Garage

Water Source Lake Michigan

Total Parking 2

Lot Dimensions 25x125

Waterfront Y/N N

* Excluded Features

List By

Manage Chicago, Inc.

Broker

lsantiago@managechicago.com

Affordability Calculator

$1,169

Per Month

Monthly Principal & Interest: $1,139
Monthly Property Taxes: $30
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$605,411

Percent of Sale Price 227%

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
11/12/2025	$185,000	-1.86%	Price Down
10/14/2025	$188,500	-0.26%	Price Down
9/29/2025	$189,000		Listed Price

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8834 S Exchange Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $185,000. 8834 S Exchange Avenue has 6 bedrooms and 2.0 baths. 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 6.25% 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 2/20/2026.

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8834 S Exchange Avenue

Multi-Family Home for sale in Chicago, IL

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