8711 S Exchange Avenue, Chicago, IL 60617

8 beds |
5 baths

Multi-Family Home
Built in 1880
—— sqft lot
2 car garage
$——/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Listing Office:: Executive Realty Group LLC : 630-999-0020
Listing Agent:: Rachel Ruffin : 630-999-0020
MLS ID:: 12378247

Basement: FinishedFull
Heating: Natural Gas

This listing courtesy of Rachel Ruffin, Executive Realty Group LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Mireles Elementary School

9000 S Exchange Ave, Chicago, IL, 60617

Grades KG-8

0.40 miles away

Mireles Elementary School

9000 S Exchange Ave, Chicago, IL, 60617

Grades KG-8

0.40 miles away

Noble St Charter-Baker Campus

2710 E 89th St, Chicago, IL, 60617

Grades 9-12

0.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.