Excellent income generating property. Two homes on one lot. The front building has 2 units and there is a cottage in the rear. It is ideally located blocks from Lake Shore Drive to Downtown Chicago. It is being sold in it's "as is condition".
Contingent
Price increase: $4K (10/29)
$159,000
8408 S Exchange Ave, Chicago, IL 60617
8beds
--sqft
Est.:
Multi Family
Built in 1895
-- sqft lot
$152,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 76 days |
- 15 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 07:07am
Listing courtesy of:
Rigoberto Garcia 773-731-8500,
Grinker & Garcia Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12479949
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: None
Property
Lot
- Size: 3,125 Square Feet
- Dimensions: 25 X 125
Details
- Parcel number: 21314110280000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $45,000
- Annual tax amount: $949
- Date on market: 9/26/2025
- Ownership: Fee Simple
Estimated market value
$152,400
$145,000 - $160,000
$2,233/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Contingent | $159,000 |
Source:  MRED as distributed by MLS GRID #12479949 Report a problem | ||
| 10/29/2025 | Price change | $159,000+2.6% |
Source: MRED as distributed by MLS GRID #12479949 Report a problem | ||
| 9/26/2025 | Listed for sale | $155,000-8.8% |
Source: MRED as distributed by MLS GRID #12479949 Report a problem | ||
| 5/2/2025 | Listing removed | $169,900 |
Source: MRED as distributed by MLS GRID #11997985 Report a problem | ||
| 1/31/2025 | Price change | $169,900+6.3% |
Source: MRED as distributed by MLS GRID #11997985 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $949 +2.6% | $4,500 |
| 2022 | $926 +2.3% | $4,500 |
| 2021 | $905 -38% | $4,500 -31.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,096/mo
Principal & interest
$791
Property taxes
$249
Home insurance
$56
Climate risks
Neighborhood: South Chicago
Nearby schools
GreatSchools rating
- 5/10Ninos Heroes Elementary Academic CenterGrades: PK-8Distance: 0.1 mi
- 1/10Bowen High SchoolGrades: 9-12Distance: 0.6 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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