Search
Updated 3-Unit Triplex

8938 S Exchange Avenue, Chicago, IL 60617

For Sale
$412,500

Three-bedroom units have separate living and dining areas, central air, and updated kitchens and bathrooms.

Property SizeContact for details
Days on Market28

Property Features for 8938 S Exchange Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Site & Location

Neighborhood Calumet Heights

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,849

Amenities

central air
fenced backyard
washer/dryer hookups

Building Details

Year Built 1884
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Marco Ponce
Source: Ifindpropertiesllc
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 9 at 2:28PM

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 Coldwell Banker Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This three-unit residential property contains three bedrooms and one bathroom in each apartment. Separate living and dining rooms, central air, updated kitchens with granite countertops, and refreshed bathrooms are featured throughout. Two units have washer and dryer hookups. Improvements include a new porch, copper water supply lines, electrical updates, relatively recent hot water heaters, and a concrete slab at the rear. The building dates to 1884.

Units 1 and 3 are rented, while Unit 2 is vacant. A fenced backyard and detached two-car garage are also part of the property.

Key Highlights

  • Three apartments, each with 3 bedrooms and 1 bathroom
  • Updated kitchens with granite countertops, plus central air in each unit
  • Separate living and dining rooms in all three units

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

954
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 - Three-bedroom units have separate living and dining areas, central air, and updated kitchens and bathrooms.
Where is this triplex located?
The property is located at 8938 S Exchange Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $412,500.
What are key features of this property?
This property features: Three apartments, each with 3 bedrooms and 1 bathroom; Updated kitchens with granite countertops, plus central air in each unit; Separate living and dining rooms in all three units
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved