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  • $190,000

    8242 S Houston Ave, Chicago, IL 60617

    6beds
    --sqft
    Multi Family
    Built in 1885
    -- sqft lot
    $184,300 Zestimate®
    $--/sqft
    $1,697 Estimated rent

    Home value

    $184,300

    $175,000 - $194,000

    $1,697/mo

    Zestimate® history
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    $1,441/mo

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    What's special

    Cash flow from day one with this well-maintained 2-flat in South Chicago offering immediate rental income with future potential to enhance value over time. Each unit features a spacious 3-bedroom layout with comfortable living and dining areas, providing ample room for both dining and entertainment. The property is fully occupied, creating a stable foundation for ownership from day one. A full basement offers additional space for storage or the possibility to further optimize the property's functionality. Property is being sold AS IS. Situated on a residential block with access to public transportation and everyday conveniences, this is a solid opportunity for those looking to invest in a property with both current income and long-term potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Luna Cuervo Puangco 832-570-1798,

    Real Property Management Group Chicago,

    Zeeshan Bhimji 773-807-8272,

    Real Property Management Group Chicago

    Bought with:

    Luis Huerta

    RE/MAX Premier

    Source: MRED as distributed by MLS GRID,MLS#: 12610800MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Radiator(s)
    Features
    • Basement: Unfinished,Full

    Property

    Lot
    • Size: 3,049 Square Feet
    • Dimensions: 25 X 125
    Details
    • Parcel number: 21312300400000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $87,000
    • Annual tax amount: $1,747
    • Date on market: 4/8/2026
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/30/2026Sold$190,000
    Source: MRED as distributed by MLS GRID #12610800 Report a problem
    5/22/2026Contingent$190,000
    Source: MRED as distributed by MLS GRID #12610800 Report a problem
    5/20/2026Listing removed$190,000
    Source: MRED as distributed by MLS GRID #12610800 Report a problem
    4/8/2026Listed for sale$190,000+24.6%
    Source: MRED as distributed by MLS GRID #12610800 Report a problem
    1/17/2024Sold$152,500-7.5%
    Source: MRED as distributed by MLS GRID #11904280 Report a problem
    1/4/2024Pending sale$164,900
    Source: MRED as distributed by MLS GRID #11904280 Report a problem
    1/3/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11904280 Report a problem
    11/28/2023Contingent$164,900
    Source: MRED as distributed by MLS GRID #11904280 Report a problem
    10/26/2023Price change$164,900-2.9%
    Source: MRED as distributed by MLS GRID #11904280 Report a problem
    10/9/2023Listed for sale$169,900+42.8%
    Source: MRED as distributed by MLS GRID #11904280 Report a problem
    3/27/2018Sold$119,000+183.3%
    Source: Public Record Report a problem
    2/23/2015Listing removed$995
    Source: Go Section8 Report a problem
    1/6/2015Listed for rent$995-13.5%
    Source: Go Section8 Report a problem
    4/8/2014Listing removed$1,150
    Source: CIT Property Group Report a problem
    2/24/2014Price change$1,150+4.5%
    Source: CIT Property Group Report a problem
    1/22/2014Listed for rent$1,100
    Source: House Masters Report a problem
    1/16/2014Sold$42,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,748 +20.4%$8,700 +26.4%
    2023$1,452 +2.6%$6,881
    2022$1,415 +2.3%$6,881
    2021$1,384 -16.1%$6,881 -7%
    2020$1,649 -3.5%$7,402 -13%
    2019$1,709 +1.7%$8,508
    2018$1,681 -31.3%$8,508 -25.2%
    2017$2,447 +7.5%$11,367
    2016$2,277 +65.2%$11,367 +51.1%
    2015$1,378 -7.2%$7,521 -6%
    2014$1,485 +2.9%$8,003 -24.2%
    2013$1,443 +0.4%$10,562
    2012$1,437 -11%$10,562 -24.6%
    2011$1,615 +8.4%$14,005
    2010$1,490 +18.4%$14,005
    2009$1,258 +5%$14,005 -7.1%
    2008$1,199 +42.4%$15,071
    2007$842 +6.1%$15,071
    2006$794 -5.1%$15,071 +64.8%
    2005$837 +1.9%$9,147
    2004$821 +4.5%$9,147
    2003$786 -5.4%$9,147 +41.8%
    2002$831 +22.3%$6,449
    2001$679 -20.5%$6,449
    2000$854 $6,449 +45%
    1999$854 $4,447
    Find assessor info on the county website

    Neighborhood: South Chicago

    Nearby schools

    GreatSchools rating
    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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