Brick 3-Flat Income
For Sale
$399,000
8204 Exchange Ave, Chicago, IL 60609
Well-maintained brick legal three-flat with separate utilities, in-unit laundry, and an unfinished basement.
Property SizeContact for details
Days on Market135
Property Features for 8204 Exchange Ave
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,954
Amenities
hardwood floors
vinyl windows
in-unit laundry
forced heat
Building Details
Stories
3
Construction
brick
Listing Agency:
Kale Realty
(312) 939-5253
Listed By:
Atala Diaz
(312) 939-5253
Source:
Exprealty
Added: Apr 11
Changed: Aug 23
Last Checked: Jul 24 at 4:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kale Realty
Investment Insights
Based on property information with market context.
Well maintained brick legal 3 flat building with recently updated interiors. All units feature hardwood flooring, vinyl windows, forced heat, and in-unit laundry, with separate utilities for each unit. The first-floor unit offers two bedrooms and one bathroom with a living room and formal dining room. The second- and third-floor units each provide three bedrooms and one bathroom, along with a bright living room and a spacious eat-in kitchen. A fully unfinished basement provides additional space ready to be customized, and there is also a detached brick two-car garage.
The property is located in South Chicago and is described as being in the heart of the area, with easy street parking. It is positioned just minutes from Lake Shore Drive, Rainbow Beach, South Shore Cultural Center, Russell Square Park, and Jackson Park, with access to the lakefront, green spaces, grocery shopping, restaurants, Metra, and express buses.
Sold as-is condition.
The property is located in South Chicago and is described as being in the heart of the area, with easy street parking. It is positioned just minutes from Lake Shore Drive, Rainbow Beach, South Shore Cultural Center, Russell Square Park, and Jackson Park, with access to the lakefront, green spaces, grocery shopping, restaurants, Metra, and express buses.
Sold as-is condition.
Key Highlights
- Legal 3‑flat brick building (year built 1930) in South Chicago with a detached 2‑car brick garage
- Each unit features hardwood flooring, vinyl windows, forced heat, and in‑unit laundry
- Separate utilities for all units
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained brick legal three-flat with separate utilities, in-unit laundry, and an unfinished basement.
Where is this triplex located?
The property is located at 8204 Exchange Ave Chicago, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Legal 3‑flat brick building (year built 1930) in South Chicago with a detached 2‑car brick garage; Each unit features hardwood flooring, vinyl windows, forced heat, and in‑unit laundry; Separate utilities for all units
