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Off market
  • $431,100

    8640 S Exchange Ave, Chicago, IL 60617

    9beds
    5,286sqft
    MultiFamily
    Built in 1919
    -- sqft lot
    $431,100 Zestimate®
    $82/sqft
    $1,236 Estimated rent

    Home value

    $431,100

    $375,000 - $483,000

    $1,236/mo

    Zestimate® history
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    Owner options

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    $1,236/mo

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    $1,236/mo

    Rent Zestimate®

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    $3,040/mo

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    $3,040/mo

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    What's special

    INCREDIBLE investment opportunity in South Chicago's neighborhood to occupy owner's suite or rent out for additional rent. Property has already been updated with all the modern amenities including stainless steel appliances, granite counter tops, tile backsplash, hardwood floors, updated bathrooms, new shared washer & dryer, separate utilities, gas fireplaces, spacious layout, 2 car garage, tons of storage, music studio, and additional parking space. $3500+/month income potential with established tenants. Current owner lives on first floor. Property is a legal 2 flat with additional space in basement being rented as an apartment and a multipurpose room currently being used as a music studio. Tenant occupied.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Other, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,286 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 2131424028

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1919

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Exterior Building Type: Brick
    • Heat/Fuel: Gas
    • Sewer: Sewer-Public
    • Water: Public
    • Listing Type: Exclusive Right To Sell
    • Parking Type: Garage, Space/s
    • Waterfront (Y/N): Yes
    • Basement: Finished
    • Type-Multi: 2 Flat
    • Status: Contingent
    • Appliances/Features Unit 1: Stove, Central Air Conditioner, Fireplace-Gas, Refrigerator, Microwave, Dishwasher, Hardwood Floors
    • 3 Br Un In Bldg (Y/N): Yes
    • Tenant Pays - Unit 1: All
    • Tenant Pays - Unit 2: All
    • Age: 91-100 Years
    • Garage On-Site: Yes
    • Parking On-Site: Yes
    • Recent Rehab (Y/N): Yes
    • Parking Ownership: Owned
    • Lot Dimensions: 25X125
    • Garage Type: Detached2, Detached
    • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Window Air Conditioner, Hardwood Floors, Dishwasher, Microwave, Fireplace-Gas
    • Garage Ownership: Owned
    • Basement (Y/N): Full
    • Bath Amenities: Whirlpool
    • Tax Year: 2017
    • Parcel Identification Number: 21314240280000
    • Total Sq Ft - Unit 1: 1885

    Price history

    DateEventPrice
    9/10/2019Sold$275,000+3.8%$52/sqft
    Source: MRED as distributed by MLS GRID #10421549 Report a problem
    6/24/2019Pending sale$265,000$50/sqft
    Source: @properties #10421549 Report a problem
    6/18/2019Listed for sale$265,000+20.5%$50/sqft
    Source: @properties #10421549 Report a problem
    1/31/2017Sold$220,000-20%$42/sqft
    Source: MRED as distributed by MLS GRID #09339546 Report a problem
    9/12/2016Pending sale$275,000$52/sqft
    Source: Real Living City Residential #09339546 Report a problem
    9/12/2016Listed for sale$275,000+685.7%$52/sqft
    Source: Real Living City Residential #09339546 Report a problem
    10/30/2015Sold$35,000+75%$7/sqft
    Source: Public Record Report a problem
    11/14/2013Sold$20,000-33.1%$4/sqft
    Source: Public Record Report a problem
    11/1/2013Pending sale$29,900$6/sqft
    Source: Koenig & Strey Real Living #08435029 Report a problem
    9/4/2013Listed for sale$29,900-88.7%$6/sqft
    Source: Koenig & Strey Real Living #08435029 Report a problem
    8/23/2006Sold$265,000$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $21,600 +27.1%
    2023$2,887 +3.4%$17,000
    2022$2,793 +24.5%$17,000
    2021$2,244 -45%$17,000 -7.2%
    2020$4,080 -3.5%$18,316 -13%
    2019$4,230 +1.7%$21,053
    2018$4,159 -11.1%$21,053 -3.1%
    2017$4,679 +7.5%$21,735
    2016$4,353 +298%$21,735 +264.1%
    2015$1,094 -72.9%$5,969 -72.6%
    2014$4,035 +2%$21,746
    2013$3,955 +1.4%$21,746
    2012$3,902 -8.4%$21,746 -17.3%
    2011$4,261 -0.4%$26,297
    2010$4,279 +4.4%$26,297
    2009$4,101 +31%$26,297 +20.5%
    2008$3,130 +1%$21,820
    2007$3,099 -1.1%$21,820
    2006$3,132 +4.4%$21,820 +18.9%
    2005$3,000 +1%$18,357
    2004$2,969 +2.2%$18,357
    2003$2,905 +25.3%$18,357 +42.3%
    2002$2,318 +3.7%$12,903
    2001$2,234 +33.5%$12,903
    2000$1,674 -0.7%$12,903 +48.1%
    1999$1,686 $8,715

    Find assessor info on the county website

    Neighborhood: South Chicago

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $431,100
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    Estimated market value
    $431,100