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!
Active
Price cut: $20K (11/21)
$255,000
8436 S Exchange Ave, Chicago, IL 60617
5beds
--sqft
Est.:
Multi Family
Built in 1889
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 85 days |
- 137 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: November 26, 2025 at 10:07pm
Listing courtesy of:
Cristina Rincon 312-376-8753,
Marblestone Property Group LLC
Source: MRED as distributed by MLS GRID,MLS#: 12470266
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
Lot
- Size: 3,125 Square Feet
Details
- Parcel number: 21314110380000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1889
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $64,070
- Annual tax amount: $1,352
- Date on market: 9/18/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Price change | $255,000-7.3% |
Source: | ||
| 10/30/2025 | Price change | $275,000-5.2% |
Source: | ||
| 9/18/2025 | Listed for sale | $290,000+45.1% |
Source: | ||
| 12/4/2023 | Sold | $199,900 |
Source: | ||
| 11/7/2023 | Contingent | $199,900 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,352 +2.6% | $6,407 |
| 2022 | $1,318 +2.3% | $6,407 |
| 2021 | $1,288 -35% | $6,407 -27.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,743/mo
Principal & interest
$1255
Property taxes
$399
Home insurance
$89
Climate risks
Neighborhood: South Chicago
Nearby schools
GreatSchools rating
- 5/10Ninos Heroes Elementary Academic CenterGrades: PK-8Distance: 0.2 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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