8040 S Rhodes Avenue Chicago, IL $ 379,900
8040 S Rhodes Avenue
$ 379,900
Recently Listed
Open House 3/14 10am - 2pm
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8040 S Rhodes Avenue

Chicago, IL, 60619
$ 379,900
Bedrooms6 Baths2.0 Sq 3,538

Monthly Estimate*

$ 2,339

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Multi-Family Home for sale in Chicago, IL

for $379,900 with 6 bedrooms and 2 full baths. This 3,538 square foot home was built in 1925.

Discover this fully renovated, oversized two flat in the heart of Chatham-ideal for an owner occupant or an investor looking for strong, reliable cash flow. Both units offer a true open concept layout with modern finishes: white soft close cabinets, quartz countertops, a large island with stylish pendant lighting, refreshed hardwood floors, walk in closets, and brand new stainless steel appliances. Each unit includes three spacious bedrooms, a sleek modern bathroom, and a classic brick fireplace perfect for mounting a TV. The refreshed unfinished basement features painted floors, walls, and ceiling. Radiator heat provides efficient, consistent warmth, and laundry machines are conveniently located in the basement. There's also a modern shared coat/shoe closet outside Unit 2. A solid brick two car garage with automatic door adds even more value. Shopping centers are less than a mile away, downtown Chicago is only about 15 minutes away, and quick access to I94 makes commuting incredibly convenient. The block is filled with working professionals and families, offering a strong community feel. With high rents in this area, this property delivers exceptional living space, modern design, and impressive income potential-an opportunity that's hard to beat in Chatham.

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Open House

3/14/2026 10:00 AM - 2:00 PM
3/15/2026 10:00 AM - 2:00 PM
8040 S Rhodes 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

$ 379,900

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,974

Style

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12569211

Features
General
Sewer Public Sewer
Heating Natural Gas Radiator(s)
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1925
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions From I-57 East on 79th St South on Rhodes 1.5 blocks Property on Right side.
High School Hirsch Metropolitan High School
City Chicago
High School District 299
MLS Area CHI - Chatham
Elementary School Dixon Elementary School
Tax Annual Amount 1974
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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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
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 3720 sq ft
Waterfront Y/N N
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* Excluded Features
List By
Concentric Realty, Inc

Broker

ichatha05@gmail.com

Email

Affordability Calculator

$2,504
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,339
Monthly Property Taxes
$165
Monthly 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
5295179 Elementary School
566846 Middle School
Hirsch Metropolitan High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$379,900 Listed Price

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8040 S Rhodes Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $379,900 with 3,538 sqft. 8040 S Rhodes Avenue has 6 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 60619 which is in Chicago, IL