8914 S Exchange Avenue Chicago, IL ^$ 190,000

8914 S Exchange Avenue

^$ 190,000

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Recently Listed

8914 S Exchange Avenue

Chicago, IL, 60617

^$ 190,000

Bedrooms6 Baths3.0

Monthly Estimate*

^$ 1,200

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Multi-Family Home for sale in Chicago, IL

for $190,000 with 6 bedrooms and 3 full baths. This home was built in 1883.

Located in the rapidly developing South Chicago area, this three-unit frame property presents a strong opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom with functional layouts and solid rental potential. The property offers a spacious rear yard with enough room to add a garage or create a multi-car parking pad for additional value and convenience.The building does require some cosmetic updates and improvements, making it an excellent value-add opportunity, but it is currently occupied and has the potential to begin generating rental income immediately. Whether you're looking to renovate over time, expand your investment portfolio, or create long-term equity, this property offers flexibility and upside in a growing location near transportation, shopping, schools, and major city access.

Multi-Family Active

Price

^$ 190,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,658

Style

Year Built

1883

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12714543

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Roof Asphalt

Construction Materials Frame

Year Built 1883

Township Hyde Park

Tax Year 2024

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 9

Status New

Directions Commercial to 90th W to Exchange N to Property

High School Bowen High School

City Chicago

High School District 299

MLS Area CHI - South Chicago

Elementary School James Thorp Elementary School

Tax Annual Amount 2658.99

Middle/Junior High School James Thorp Elementary School

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None

Total Bedrooms 6

Total Baths 3

Bedrooms Possible 6

Full Baths Building 3

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Off Street Yes Owned

Water Source Public

Total Parking 4

Foundation Details Concrete Perimeter

Lot Dimensions 25 x 125

Waterfront Y/N N

* Excluded Features

List By

Re/Max Loyalty

Broker

mark@thesantoyogroup.com;Info@thesantoyogroup.com

Affordability Calculator

$1,421

Per Month

Monthly Principal & Interest: $1,200
Monthly Property Taxes: $222
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$628,746

Percent of Sale Price 231%

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.

5462212 Elementary School

5462212 Middle School

Bowen High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/24/2026	$190,000		Listed Price

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8914 S Exchange Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $190,000. 8914 S Exchange Avenue has 6 bedrooms, 3.0 baths, and was built in 1883. 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 6.49% 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 7/24/2026.

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8914 S Exchange Avenue

Multi-Family Home for sale in Chicago, IL

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