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Occupied Triplex With Rear Parking
For Sale
Contact for pricing
Pending

8822 S Exchange Avenue, Chicago, IL 60617

Separate utilities, an unfinished basement, and alley-access parking support the existing residential configuration.

Property SizeContact for details
Days on Market421

Property Features for 8822 S Exchange Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily
Zoning MULTI
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 1 x 5BR/2BA, 1 x 4BR/2BA
Multifamily Units 3

Building Details

Year Built 1884
Buildings 1
Listing Agency: Keller Williams Preferred Rlty
Listed By: Frank Montro · License #475128449
Source: Crexi
Added: Jul 10, 2025 Changed: Aug 30 Last Checked: Aug 30 at 7:47PM

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 Keller Williams Preferred Rlty

Investment Insights

Based on property information with market context.

This 3-unit residential building, constructed in 1884, is fully occupied and arranged for multifamily use. The documented unit mix includes one 2-bedroom, 1-bath unit and one 5-bedroom, 2-bath unit; the third unit is described with 4 beds and 2 baths. Each unit has its own refrigerator and stove, along with separately metered utilities. The building also includes a full unfinished basement.

A new front porch adds a recent exterior improvement. Parking is provided by a rear pad positioned off the alley. The property is located at 8822 S Exchange Avenue in Chicago, Illinois, within the 60617 ZIP code and carries MULTI zoning.

Key Highlights

  • Fully occupied 3‑unit residential building
  • Unit mix includes 2 beds/1 bath, 5 beds/2 baths, and 4 beds/2 baths
  • Separate utilities for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic 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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

926
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Separate utilities, an unfinished basement, and alley-access parking support the existing residential configuration.
Where is this triplex located?
The property is located at 8822 S Exchange Avenue Chicago, IL.
What are key features of this property?
This property features: Fully occupied 3‑unit residential building; Unit mix includes 2 beds/1 bath, 5 beds/2 baths, and 4 beds/2 baths; Separate utilities for each unit
(708) 307-0777 Call to check price and availability
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