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3-Unit Frame Triplex with Rear Yard

8914 S Exchange Avenue, Chicago, IL 60617

For Sale
$165,000

All three residences have a two-bedroom, one-bathroom layout, and the property is currently occupied.

Property SizeContact for details
Days on Market29

Property Features for 8914 S Exchange Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence does require some cosmetic updates and improvements

Site & Location

Neighborhood Calumet Heights

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,658

Building Details

Year Built 1883
Buildings 1
Construction frame
Listing Agency: RE/MAX Loyalty
Listed By: Mark Santoyo · License IL #475144334
Source: Fishmangroup
Added: Oct 13 Changed: Nov 7 Last Checked: Nov 10 at 10:57AM

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 RE/MAX Loyalty

Rey
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Investment Insights

Based on property information with market context.

This 3-unit frame triplex was built in 1883. Each residence is configured with 2 bedrooms and 1 bathroom, and the building is currently occupied. Cosmetic work and other improvements are needed.

A rear yard offers outdoor space behind the building. The property is located in Chicago’s South Chicago area, with transportation, shopping, schools, and major city access identified among nearby conveniences.

Key Highlights

  • Three units, each with 2 bedrooms and 1 bathroom
  • Frame construction; built in 1883
  • Currently occupied

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Triplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All three residences have a two-bedroom, one-bathroom layout, and the property is currently occupied.
Where is this triplex located?
The property is located at 8914 S Exchange Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; Frame construction; built in 1883; Currently occupied
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