8938 S Exchange Avenue Chicago, IL ^$ 425,000

8938 S Exchange Avenue

^$ 425,000

Back to search

Recently Listed

Open House 10/17 10am - 12pm

8938 S Exchange Avenue

Chicago, IL, 60617

^$ 425,000

Bedrooms9 Baths3.0

Monthly Estimate*

^$ 2,935

8938 S Exchange Avenue, Chicago, IL 60617 - Image 1

8938 S Exchange Avenue, Chicago, IL 60617 - Image 2

8938 S Exchange Avenue, Chicago, IL 60617 - Image 3

8938 S Exchange Avenue, Chicago, IL 60617 - Image 4

8938 S Exchange Avenue, Chicago, IL 60617 - Image 5

8938 S Exchange Avenue, Chicago, IL 60617 - Image 6

8938 S Exchange Avenue, Chicago, IL 60617 - Image 7

8938 S Exchange Avenue, Chicago, IL 60617 - Image 8

8938 S Exchange Avenue, Chicago, IL 60617 - Image 9

8938 S Exchange Avenue, Chicago, IL 60617 - Image 10

8938 S Exchange Avenue, Chicago, IL 60617 - Image 11

8938 S Exchange Avenue, Chicago, IL 60617 - Image 12

8938 S Exchange Avenue, Chicago, IL 60617 - Image 13

8938 S Exchange Avenue, Chicago, IL 60617 - Image 14

8938 S Exchange Avenue, Chicago, IL 60617 - Image 15

8938 S Exchange Avenue, Chicago, IL 60617 - Image 16

8938 S Exchange Avenue, Chicago, IL 60617 - Image 17

8938 S Exchange Avenue, Chicago, IL 60617 - Image 18

8938 S Exchange Avenue, Chicago, IL 60617 - Image 19

8938 S Exchange Avenue, Chicago, IL 60617 - Image 20

8938 S Exchange Avenue, Chicago, IL 60617 - Image 21

8938 S Exchange Avenue, Chicago, IL 60617 - Image 22

8938 S Exchange Avenue, Chicago, IL 60617 - Image 23

8938 S Exchange Avenue, Chicago, IL 60617 - Image 24

Multi-Family Home for sale in Chicago, IL

for $425,000 with 9 bedrooms and 3 full baths. This home was built in 1884.

Great Investment Opportunity! Welcome to this recently updated 3-flat featuring 3 bedrooms and 1 bathroom in each unit. Each unit offers separate living and dining rooms with new flooring, updated kitchens with granite countertops, new cabinets and backsplash, updated bathrooms, and central air. Two units also have washer/dryer hookups. Recent improvements include a brand-new porch, new copper water supply lines, updated electrical, fairly new hot water heaters, and a new concrete slab in the rear. The property also features a fenced backyard and detached 2-car garage. Units 1 and 3 are currently rented, while Unit 2 is vacant, offering an excellent opportunity for an owner-occupant or additional rental income. A great opportunity for a first-time investor or experienced owner looking for a well-maintained multi-unit property with strong rental potential.

Open House

10/17/2026 10:00 AM - 12:00 PM

10/18/2026 9:00 AM - 11:00 AM

8938 S Exchange Avenue Chicago, IL

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 425,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,849

Style

Year Built

1884

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12778964

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air

Possession Closing Immediate

Garage Spaces 2

Construction Materials Vinyl Siding

Year Built 1884

Township South Chicago

Tax Year 2025

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 18

Status New

Directions West on 89th Street from Commercial Avenue and North on Exchange Avenue to Property

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 7849.26

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Crawl Space

Total Bedrooms 9

Total Baths 3

Bedrooms Possible 9

Full Baths Building 3

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Public

Total Parking 2

Lot Dimensions 3475

Waterfront Y/N N

* Excluded Features

List By

Coldwell Banker Realty

Broker

mponcerealtor@outlook.com

Affordability Calculator

$3,589

Per Month

Monthly Principal & Interest: $2,935
Monthly Property Taxes: $654
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$644,900

Percent of Sale Price 52%

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
10/15/2026	$425,000		Listed Price

Map

More homes like this one

homes for you

See all

8938 S Exchange Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $425,000. 8938 S Exchange Avenue has 9 bedrooms, 3.0 baths, and was built in 1884. 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 7.375% 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

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

Data is updated as of 10/17/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

8938 S Exchange Avenue

Multi-Family Home for sale in Chicago, IL

Open House

Affordability Calculator

Map

More homes like this one

Get more info about this home