8242 S Houston Avenue Chicago, IL ^$ 190,000

8242 S Houston Avenue

^$ 190,000

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8242 S Houston Avenue

Chicago, IL, 60617

^$ 190,000

Bedrooms6 Baths2.0

Monthly Estimate*

^$ 1,170

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Multi-Family Home for sale in Chicago, IL

for $190,000 with 6 bedrooms and 2 full baths. This home was built in 1885 on a lot size of 0.07.

Cash flow from day one with this well-maintained 2-flat in South Chicago offering immediate rental income with future potential to enhance value over time. Each unit features a spacious 3-bedroom layout with comfortable living and dining areas, providing ample room for both dining and entertainment. The property is fully occupied, creating a stable foundation for ownership from day one. A full basement offers additional space for storage or the possibility to further optimize the property's functionality. Situated on a residential block with access to public transportation and everyday conveniences, this is a solid opportunity for those looking to invest in a property with both current income and long-term potential.

Multi-Family Active

Price

^$ 190,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,747

Style

Lot Size

0.07

Year Built

1885

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12610800

Features

General

Sewer Public Sewer

Heating Natural Gas Radiator(s)

Possession Closing

Zoning MULTI

Construction Materials Aluminum Siding

Year Built 1885

Township Hyde Park

Tax Year 2024

Ownership Fee Simple

Community Features Curbs Sidewalks Street Lights Street Paved

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 12

Status New

Directions EAST ON 83RD ST NORTH TO 82ND TO HOUSTON

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 1747.91

Additional Parcels Y/N N

Virtual Tour https://www.youtube.com/watch?v=v5Na4BEOIxo

Standard Status Active

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

Water Source Lake Michigan

Total Parking 0

Lot Dimensions 25 X 125

Lot Size Acres 0.07

Waterfront Y/N N

* Excluded Features

List By

Real Property Management Group Chicago

Broker

zeeshan@chipropertymanagement.com;Zeeshan@chipropertymanagement.com

Affordability Calculator

$1,315

Per Month

Monthly Principal & Interest: $1,170
Monthly Property Taxes: $146
Monthly Home Insurance: --

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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 ^$620,985

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
4/9/2026	$190,000		Listed Price

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8242 S Houston Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $190,000 with a lot size of 0.07. 8242 S Houston Avenue has 6 bedrooms, 2.0 baths, and was built in 1885. 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 4/10/2026.

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8242 S Houston Avenue

Multi-Family Home for sale in Chicago, IL

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