8711 S Exchange Avenue Chicago IL 60617 MLS #MRD12378247

MLS #MRD12378247 image #0
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.

Property Details

Price:
$149,900
MLS #:
MRD12378247
Status:
Active Under Contract
Beds:
8
Baths:
5
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
May 29, 2025
Year Built:
1880
Short SaleChi – South ChicagoChisouthchicago

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Frame
Parking Features
On Site, Detached, Garage
Parking Spots
2

Financial

Tax Year
2023
Taxes
$1,488

Listing Agent & Office

Rachel Ruffin
Executive Realty Group LLC

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