Back 8711 South Exchange Avenue
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8711 South Exchange Avenue

Chicago IL 60617

8
5
2
Multi-Family
Currently for sale - view listing

Overview

Exceptional Investment Opportunity Legal 4-Unit with Additional in-law arrangement garden unit. This high-potential property presents a rare opportunity for savvy investors. The building spans approximately 3,050 square feet and features 10 bedrooms, 5 bathrooms, and a detached 2-car garage. Currently fully occupied, the property generates $4,250 in monthly rental income, with substantial potential for increased cash flow through rent adjustments and cosmetic improvements. A light rehab could significantly enhance the property's value and appeal.

Features

8 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
Multi-Family

Property history for 8711 South Exchange Avenue

2020
Sold
$40,000
19 Nov 2020
2002
Sold
$165,000
06 Sep 2002

Happy sellers in Chicago

~%

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 8 bedroom multi families in Chicago

In the last 12 months, 16 eight-bedroom multi families similar to 8711 South Exchange Avenue, have been sold.

This represents a 45% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

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