Under Contract
8436 Exchange Avenue
Chicago, IL 60617
$255,000 ▼ $35,000 from $290,000
5beds
2baths
—sqft
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About this home
Investment Opportunity - Classic 2-Flat in South Chicago with Finished Attic including 2 bonus rooms! Conveniently located near shopping, schools, parks, and public transit, this property appeals to both renters and long-term investors. With stable tenancy upstairs and a fresh leasing opportunity on the 1st floor, it's a perfect blend of security and growth. 1st Floor: Vacant and ready - rent potential $1,300-$1,400/month 2nd Floor: Occupied with a Section 8 voucher tenant paying $1,600/month - FULL SUBSIDY That's $2,900- $3,000/month in gross income when fully leased! Whether you're adding to your portfolio or looking for a house-hack opportunity, 8436 S Exchange Ave delivers solid cash flow in a strong rental market , with a steady Cap Rate! Don't miss this one - schedule your showing today!
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1889
Lot size—
Annual tax$1,352
CountyCook
MLS #MRD12470266
Days on market146
Features
Heating
Natural Gas
Parking
Yes
Construction
Vinyl Siding
Sewer
Public Sewer
Listed by
Marblestone Property Group LLC
Cristina Rincon
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/16/2026, 9:12:03 AM. All data should be independently verified.
This home is under contract. Contact a dwello agent to explore similar active listings or be notified if it returns to market.
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