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    8822 S Exchange Ave Chicago, IL 60617

    Sponsored
    For Sale
    Under Contract
    $199,000

    MULTI_FAMILY - Chicago, IL

    Days on Market:
    26
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 8822 S Exchange Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 2, Basement, Bedroom 6, Bathroom 4, Bedroom 10, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 9, Bedroom 11, Bathroom 5, Bedroom 8, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7
    Bedrooms
    11
    Bathrooms
    5
    APN
    26062080330000
    Parking
    2
    Parking features
    Off Alley
    Basement
    Partially Finished, Full

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Year built
    1884
    Building materials
    Frame
    Roof type
    Asphalt

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Frank Montro (708) 307-0777

    Listing date Dec 16, 2025

    MLS# 12412965 Listing URL

    Copyright © 2025 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

    Chicago Residential Income Property

    This is a three-unit, fully occupied residential income property. Unit 1 features 2 bedrooms and 1 bathroom, unit 2 has 5 bedrooms and 2 bathrooms, and unit 3 offers 4 bedrooms and 2 bathrooms. Each unit is equipped with a refrigerator and stove, and each has its own utilities. The property includes a full unfinished basement. A new front porch has been installed. There is a parking pad located in the back of the house off the alley.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -87.553155
    Latitude
    41.734757

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    FAQs

    What type of property is this?
    Triplex - Three-unit, fully occupied residential income property in Chicago.
    Where is this triplex located?
    The property is located at 8822 S Exchange Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Fully occupied 3-unit building - immediate income potential.; - Each unit has its own utilities.; - Unit 2: a spacious 5 beds and 2 baths.
    (708) 307-0777
    Request Owner's contact information
    8822 S Exchange Ave Chicago, IL 60617
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    Chicago, IL 60617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8822 S Exchange Ave Chicago, IL 60617
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