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    9720 S Exchange Ave Chicago, IL 60617

    For Sale
    $175,000

    Residential Income - Chicago, IL

    Days on Market:
    68
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 9720 S Exchange Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Utility Room
    Bedrooms
    7
    APN
    26061290230000
    Parking
    3
    Patio and Porch features
    Deck
    Exterior features
    Fencing, Roof Deck
    Fencing
    Fenced

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1890
    Roof type
    Asphalt
    Architectural style
    Other

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

    Listing agent Michael Saladino (312) 216-2422 License #471019865

    Listing date Oct 6, 2025

    MLS# 12485505 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

    Updated Two-Unit Chicago Property

    This updated two-unit property in Chicago, Illinois, features a three-bedroom unit and a four-bedroom unit. The property benefits from abundant natural light, and a finished attic provides flexible space suitable for a home office or recreation area. Recent updates include a new water heater installed in 2023 and a furnace replaced in 2022. Interior and exterior improvements were completed in June 2024. Each unit has individual laundry rooms. A fenced yard offers privacy and opportunities for personalization. The property is move-in ready. The location provides convenient access to parks, schools, Lake Michigan, and public transportation, as well as easy access to the Chicago Skyway. Note that the property is being sold as-is regarding porch repairs, and building violations are attached for review.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market 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
    -87.5528031
    Latitude
    41.7184061

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    FAQs

    What type of property is this?
    Duplex - Updated 2-unit property with modern amenities and convenient location.
    Where is this duplex located?
    The property is located at 9720 S Exchange Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Updated 2-unit property with recent improvements completed in June 2024, including a new water heater (2023) and furnace (2022).; - Great location close to parks, schools, Lake Michigan, public transportation, and the Chicago Skyway.; - Individual laundry rooms for each unit.
    (312) 216-2422
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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
    9720 S Exchange Ave Chicago, IL 60617
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