Calling all investors. Rehab this property for easy cash flow or live in one unit and rent the other. Possible third unit above ground with separate entrances. Each unit has 2 BRs and 1 Bath. Property needs work so bring your contractors and flashlights. Two car detached garage. Sold "as is" and cash only.
Closed
$75,000
8048 S Exchange Ave, Chicago, IL 60617
6beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$78,300 Zestimate®
$--/sqft
$1,634 Estimated rent
Home value
$78,300
$70,000 - $87,000
$1,634/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 06, 2025 at 01:07pm
Listing courtesy of:
David Iheme 773-465-0300,
Century 21 Universal,
Nathan Smith 847-921-4182,
Century 21 Universal
Bought with:
Bill Eliopoulos
Cosmos Realty Investors, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12189578
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: No Garage, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 2,613 sqft
Details
- Parcel number: 21312100340000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2025 | Sold | $75,000-16.7% |
Source:  MRED as distributed by MLS GRID #12189578 | ||
| 1/2/2025 | Contingent | $90,000 |
Source: MRED as distributed by MLS GRID #12189578 | ||
| 11/3/2024 | Price change | $90,000-10% |
Source: MRED as distributed by MLS GRID #12189578 | ||
| 10/16/2024 | Listed for sale | $100,000+25% |
Source: MRED as distributed by MLS GRID #12189578 | ||
| 8/17/2024 | Listing removed | $80,000 |
Source: MRED as distributed by MLS GRID #11985095 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $250 +12.5% | $4,500 |
| 2022 | $222 -5.6% | $4,500 |
| 2021 | $235 -85.6% | $4,500 -56.8% |
Find assessor info on the county website
Neighborhood: South Chicago
Nearby schools
GreatSchools rating
- 5/10Ninos Heroes Elementary Academic CenterGrades: PK-8Distance: 0.3 mi
- 1/10Bowen High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$78,300
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$79,866