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Two to Four Units · Chicago, IL
$190,000
6 beds · 3 baths
8914 S Exchange Avenue, Chicago, IL, 60617
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Located in the rapidly developing South Chicago area, this three-unit frame property presents a strong opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom with functional layouts and solid rental potential. The property offers a spacious rear yard with enough room to add a garage or create a multi-car parking pad for additional value and convenience.The building does require some cosmetic updates and improvements, making it an excellent value-add opportunity, but it is currently occupied and has the potential to begin generating rental income immediately. Whether you're looking to renovate over time, expand your investment portfolio, or create long-term equity, this property offers flexibility and upside in a growing location near transportation, shopping, schools, and major city access.
— the listing agent’s description

The home

6 beds
3 baths
Built in 1883
Lot 25 x 125
Two to Four Units

What it’ll cost

$2,659 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$1,287/mo
Principal & interest$1,010
Property taxes$222
Homeowners insurance$55
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
Jul 24, 2026
$190,000
Property taxes
2025
Annual tax bill (MLS)
$2,659/yr
Assessed value
2025
County assessor
$13,200~$132,000 mkt
2024
$13,200~$132,000 mkt
2023
$8,500~$85,000 mkt
2022
$8,500~$85,000 mkt
2021
$8,500~$85,000 mkt
2020
$9,570~$95,700 mkt
2019
$11,001~$110,010 mkt
2018
$11,001~$110,010 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasFramePublic SewerOff StreetYes

Schools

Elementary — James Thorp Elementary School
Middle — James Thorp Elementary School
High — Bowen High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Mark Santoyo · RE/MAX Loyalty
Listing last updated Jul 29, 2026 · data refreshed from the MLS Jul 29, 2026, 5:09 AM CT
Based on information submitted to the MLS GRID as of Jul 29, 2026, 5:09 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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