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Property Description

This 2-unit building is located in the heart of South Chicago, offering a prime location close to shopping, dining, and public transportation. Each spacious unit boasts 3 bedrooms and 1 bathroom, providing ample living space for residents. Long-term tenants currently occupy both units on month-to-month leases, offering stability and immediate cash flow. The building generates a gross rental income of $2000/month, with tenants responsible for their own electric and gas utilities. A detached garage is included, providing additional income potential or storage space. While the garage requires some TLC, the solid brick construction of the building provides a foundation for any renovation plans. Don't miss this chance to own an income property in a thriving neighborhood!

Overview

Property Status
Sold
Date Sold
February 12, 2025
MLS ID
12131471
Property Type
Multi-Family
Year Built
1965

Features & Amenities

Neighborhood
Chicago
Garage Spaces
2.0
Water Source
Lake Michigan
Roof
Asphalt
Parking
On Site, Garage Owned, Detached, Garage
Heat Type
Steam
Sewer
Public Sewer
School District
299
Sales Price
$160,000
Real Estate Tax
$2,110/yr

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8109 S Exchange Avenue

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for your interest in 8109 S Exchange Avenue, Chicago, IL 60617

8109 S Exchange Avenue
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  • CallTimothy Good

    License #IL 475.162054 | IN RB16000130

    (708) 770-9455
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