8643 S Exchange Avenue Chicago, IL $ 449,500
8643 S Exchange Avenue
$ 449,500
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8643 S Exchange Avenue

Chicago, IL, 60617
$ 449,500
Bedrooms8 Baths4.0

Monthly Estimate*

$ 3,105

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Multi-Family Home for sale in Chicago, IL

for $449,500 with 8 bedrooms and 4 full baths. This home was built in 1895.

Refreshed, updated, and back on the market! Welcome to 8643 S Exchange Avenue, a beautifully updated 4-unit building offering an excellent opportunity for both investors and owner-occupants. Previously remodeled in 2023, this property has received another round of improvements, including brand-new siding, electrical upgrades, four new furnaces, and all-new appliances in every unit! The building features four spacious 2-bedroom units with identical front and rear layouts, updated kitchens with quartz countertops and stainless steel appliances, modern bathrooms with storage vanities, hardwood floors, and stylish living room accent walls. Additional features include coin-operated laundry in the basement and separately paid tenant utilities. Currently, two units are occupied and two are vacant, offering the perfect opportunity to live in one unit while generating rental income or add a well-maintained, updated property to your investment portfolio. With major improvements already completed and immediate occupancy available, this is an opportunity you won't want to miss!

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Multi-Family Active

Price

$ 449,500

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,534

Style

Year Built

1895

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12794185

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Closing
Construction Materials Frame
Year Built 1895
Township South Chicago
Tax Year 2024
Ownership Fee Simple
County Cook
Insurance Expense 2938
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status New
Directions South on 'Exchange to 8643 which is on the left side of the street.
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 7534.22
Electric Expense 336
Water Sewer Expense 1320
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 2990
Waterfront Y/N N
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* Excluded Features
List By
North Clybourn Group, Inc.

Broker

lisa@ncgchicago.com

Email

Affordability Calculator

$3,732
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,105
Monthly Property Taxes
$628
Monthly 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.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$449,500 Listed Price

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8643 S Exchange Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $449,500. 8643 S Exchange Avenue has 8 bedrooms, 4.0 baths, and was built in 1895. The property's zip code is 60617 which is in Chicago, IL