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.
Contingent
$190,000
8242 S Houston Ave, Chicago, IL 60617
6beds
--sqft
Multi Family
Built in 1885
-- sqft lot
$186,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 148 days
- 5
- 0
Zillow last checked:
Listing updated:
Listed by:
Luna Cuervo Puangco 832-570-1798,
Real Property Management Group Chicago,
Zeeshan Bhimji 886-267-4220,
Real Property Management Group Chicago
Source: MRED as distributed by MLS GRID,MLS#: 12610800
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Radiator(s)
Features
- Basement: Unfinished,Full
Video & virtual tour
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
- Ownership: Fee Simple
Estimated market value
$186,100
$177,000 - $195,000
$1,807/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listing removed | $190,000 |
Source:  MRED as distributed by MLS GRID #12610800 Report a problem | ||
| 4/8/2026 | Listed for sale | $190,000+24.6% |
Source: MRED as distributed by MLS GRID #12610800 Report a problem | ||
| 1/17/2024 | Sold | $152,500-7.5% |
Source: MRED as distributed by MLS GRID #11904280 Report a problem | ||
| 1/4/2024 | Pending sale | $164,900 |
Source: MRED as distributed by MLS GRID #11904280 Report a problem | ||
| 1/3/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11904280 Report a problem | ||
| 11/28/2023 | Contingent | $164,900 |
Source: MRED as distributed by MLS GRID #11904280 Report a problem | ||
| 10/26/2023 | Price change | $164,900-2.9% |
Source: MRED as distributed by MLS GRID #11904280 Report a problem | ||
| 10/9/2023 | Listed for sale | $169,900+42.8% |
Source: MRED as distributed by MLS GRID #11904280 Report a problem | ||
| 3/27/2018 | Sold | $119,000+183.3% |
Source: Public Record Report a problem | ||
| 2/23/2015 | Listing removed | $995 |
Source: Go Section8 Report a problem | ||
| 1/6/2015 | Listed for rent | $995-13.5% |
Source: Go Section8 Report a problem | ||
| 4/8/2014 | Listing removed | $1,150 |
Source: CIT Property Group Report a problem | ||
| 2/24/2014 | Price change | $1,150+4.5% |
Source: CIT Property Group Report a problem | ||
| 1/22/2014 | Listed for rent | $1,100 |
Source: House Masters Report a problem | ||
| 1/16/2014 | Sold | $42,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Chicago
Nearby schools
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