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Four-Unit Residential Building with Attic
For Sale
$135,000

8711 S Exchange Avenue, Chicago, IL 60617

MULTI_FAMILY - Chicago, IL

Property Size3,050 SF
Lot Size0.08 Acres
Price / SF$44.26
Days on Market52

Property Features for 8711 S Exchange Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 4, Bathroom 5, Bedroom 3, Basement, Bedroom 1, Bedroom 6
Parking 2
Parking features Garage
Basement Full, Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions 87th St to Exchange, South to address
Subdivision CHI - South Chicago
Standard status Active
APN 26062020040000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3263

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1880
Building materials Frame
Listing Agency: Chicago Area Realty Inc
Listed By: Grazyna Przybysz · License #475121869
Added: Jun 12 Changed: Aug 2 Last Checked: Aug 2 at 5:06AM
MLS# 12676219

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.

Investment Insights

Based on property information with market context.

Four-unit residential income property with frame construction, built in 1880. The building includes approximately 3,050 square feet with 10 bedrooms and 5 bathrooms, plus a basement. Heating is provided by natural gas. Parking is supported by a detached 2-car garage.

The layout also features an in-law arrangement garden unit and a large, high attic. Public water and public sewer service are in place. The property is positioned in South Chicago with proximity to parks, stores, and restaurants, along with easy access to I-94.

This is a straightforward option for an investor seeking a multi-unit structure with multiple interior living areas, including a garden unit and attic space, within a four-unit framework.

Key Highlights

  • Four‑unit residential building with frame construction built in 1880
  • Approximately 3,050 SF with 10 bedrooms and 5 bathrooms
  • In‑law arrangement garden unit plus a large, high attic

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Pharmacy Building Supply Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit frame building with a detached 2-car garage, natural gas heat, public water, and public sewer access.
Where is this quadplex located?
The property is located at 8711 S Exchange Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Four‑unit residential building with frame construction built in 1880; Approximately 3,050 SF with 10 bedrooms and 5 bathrooms; In‑law arrangement garden unit plus a large, high attic
More about this property
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