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
$188,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 90 days |
- 9 |
- 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
$188,000
$179,000 - $197,000
$1,409/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 | -- | $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 | $4,447 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: South Chicago
Nearby schools
GreatSchools rating
- 4/10Sullivan Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Bowen High SchoolGrades: 9-12Distance: 0.8 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Chicago
- 60617
- South Chicago
- 8242 S Houston Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Chicago Topics
