4-Unit Apartment
New
For Sale
$449,500
8643 S Exchange Avenue, Chicago, IL 60617
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market7
Property Features for 8643 S Exchange Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bedroom 8, Basement, Bedroom 7, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 1
Basement
Full, Unfinished
Elementary school district
299
Middle school district
299
High school district
299
Directions
South on 'Exchange to 8643 which is on the left side of the street.
Subdivision
CHI - South Chicago
Standard status
Active
APN
21314250110000
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7534
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Amenities
coin-operated laundry
Building Details
Year built
1895
Building materials
Frame
Buildings
1
Listing Agency:
North Clybourn Group, Inc.
Listed By:
Lisa Magidson · License #475159453
(773) 252-0600
Added: Oct 26
Changed: Nov 1
Last Checked: Nov 1 at 3:06AM
MLS# 12794185
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.
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Investment Insights
Based on property information with market context.
Built in 1895, this frame apartment building contains four two-bedroom units with matching front and rear layouts. Interior features include hardwood flooring, kitchens with quartz counters and stainless steel appliances, and bathrooms with storage vanities. Improvements include new siding, electrical work, four replacement furnaces, and new appliances in every unit; the property was also remodeled in 2023. Coin-operated laundry is located in the basement.
Two units are occupied and two are vacant. Tenants pay their utilities separately. Public sewer serves the property.
Two units are occupied and two are vacant. Tenants pay their utilities separately. Public sewer serves the property.
Key Highlights
- Four two‑bedroom apartments with matching front and rear layouts
- Two units occupied and two vacant
- 2023 remodel; subsequent improvements include new siding, electrical upgrades, four furnaces, and appliances in every unit
Property Analytics
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
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Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences include updated kitchens and baths, with coin-operated laundry in the basement.
Where is this quadplex located?
The property is located at 8643 S Exchange Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: Four two‑bedroom apartments with matching front and rear layouts; Two units occupied and two vacant; 2023 remodel; subsequent improvements include new siding, electrical upgrades, four furnaces, and appliances in every unit
