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8548 S Exchange Ave Chicago, IL 60617

Sponsored
For Sale
$340,000

MULTI_FAMILY - Chicago, IL

Lot size:
0.10 Acres
Days on Market:
2
Last Refresh:
Jan 7 at 7:06 pm

Property Features for 8548 S Exchange Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
MULTI
Rooms
Basement, Bedroom 8, Bathroom 1, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 3
Bedrooms
8
Bathrooms
2
APN
21314180390000
Parking
2
Parking features
Garage
Basement
Full, Unfinished
Lot size
0.10 Acres

Utilities

Sewer type
Public Sewer
Heating system
Other (Heating)

Building Details

Year built
1924
Building materials
Brick

Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

Listing agent Rashauna Scott (773) 885-6263

Listing date Jan 6, 2026

MLS# 12537956 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained Brick Two-Unit Building

This well-maintained brick two-unit building is located in the heart of South Chicago. Each unit features 4 bedrooms. A new hot water tank and furnace have been installed for Unit 2, and Unit 1 has a new A/C unit. Tenants are responsible for their own utilities. The property includes a 2-car brick garage. Unit 1 has 4 bedrooms, 1 bathroom, a light-filled living room, and a functional kitchen with ample cabinet space. Unit 2 features 4 bedrooms, 1 bathroom, a large living area, and an updated kitchen. A full unfinished basement provides additional storage or future development potential. The property includes a private driveway that fits at least 4 cars and a good-sized backyard. The roof was installed within the last 5 years, and the property has updated plumbing and electrical systems, and a renovated 2nd floor. The property is suitable for investors seeking a rental property or homeowners looking for rental income. The first floor has a long-term tenant, and the second floor was recently rented for $1700. The property is located less than a mile from the new 128-acre 'Quantum Shore' development and is minutes from Lake Michigan, parks, and local shops. It offers easy access to public transportation and major highways. The location offers great potential as the neighborhood continues to grow. The lot size is 0.1 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.553037
Latitude
41.739573

FAQs

What type of property is this?
Duplex - Two-unit brick building in South Chicago with strong rental potential.
Where is this duplex located?
The property is located at 8548 S Exchange Ave Chicago, IL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: - High-performing 2-unit brick building with potential for rental income or owner-occupancy.; - Each unit features **4 bedrooms**, offering ample living space.; - Recent updates include a **newer roof, updated plumbing and electrical systems, renovated 2nd floor, new hot water tank and furnace for Unit 2, and new A/C for Unit 1**.
More about this property
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