8001 S Exchange Avenue Chicago, IL ^$ 525,000

8001 S Exchange Avenue

^$ 525,000

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8001 S Exchange Avenue

Chicago, IL, 60617

^$ 525,000

Bedrooms5 Baths0.0

Monthly Estimate*

^$ 3,233

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Multi-Family Home for sale in Chicago, IL

for $525,000 with 5 bedrooms. This home was built in 1921 on a lot size of 0.14.

Motivated Seller! Value-add 8 unit building at 8001 S Exchange Ave. Desirable unit mix consisting of 4 - 2 bedroom / 1 bathroom apartments & 4 - 3 bedroom / 1 bathroom apartments. Features a mix of carpet and pergo, updated electrical, separate furnaces. Tenants are M-T-M and all behind on rent. Fully occupied. Near Rainbow Beach Park, just minutes from the Museum of Science Industry, University of Chicago and the future Obama Presidential Library. Can be sold as a package with 1908 E 79th St (MLS# 2643722).

Multi-Family Active

Price

^$ 525,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 6,418

Style

Lot Size

0.14

Year Built

1921

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12643714

Features

General

Zoning MULTI

Year Built 1921

Tenant Pays Electricity Heat

Stories Count 2

Tax Year 2023

Gross Income 75660

County Cook

Net Operating Income 47205

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions S Exchange Ave to W 80TH

City Chicago

Number Of Units Total 8

MLS Area CHI - South Chicago

Tax Annual Amount 6418

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Cap Rate 9

Exterior

Lot Dimensions 6125

Lot Size Acres 0.14

* Excluded Features

List By

Equity Realty

Broker

JOHN543@MSN.COM

Affordability Calculator

$3,767

Per Month

Monthly Principal & Interest: $3,233
Monthly Property Taxes: $535
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 ^$618,748

Percent of Sale Price 18%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
5/10/2026	$525,000		Listed Price

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8001 S Exchange Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $525,000 with a lot size of 0.14. 8001 S Exchange Avenue has 5 bedrooms, 0.0 baths, and was built in 1921. 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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Data is updated as of 5/17/2026.

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8001 S Exchange Avenue

Multi-Family Home for sale in Chicago, IL

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