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$190,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 1 day ago
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8242 S Houston Avenue, Chicago, ILVideo Tour of 8242 S Houston Avenue, Chicago, IL.
Cash flow from day one with this well-maintained 2-flat in South Chicago offering immediate rental income with future potential to enhance value over time. Each unit features a spacious 3-bedroom layout with comfortable living and dining areas, providing ample room for both dining and entertainment. The property is fully occupied, creating a stable foundation for ownership from day one. A full basement offers additional space for storage or the possibility to further optimize the property's functionality. Situated on a residential block with access to public transportation and everyday conveniences, this is a solid opportunity for those looking to invest in a property with both current income and long-term potential.

Full Property Details for 8242 S Houston Ave

General

  • Price: $190,000
  • Taxes: $1,747 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12610800
  • Updated: 4/11/2026
  • Added to Site: 6 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: Commuter Bus, Interstate Access

Location

  • Area: CHI - South Chicago
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: EAST ON 83RD ST, NORTH TO 82ND TO HOUSTON

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Radiator(s)

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1885
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1885
  • Tax Amount: $1,747.91
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 21312300400000

Listed by Real Property Management Group Chicago

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— 8242 S Houston Ave —

  • Real Property Management Group Chicago

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 8242 S Houston Ave

School District:Chicago Public School District 299
NameGradesDistance
Sullivan Elementary School, Chicago, IL
8331 South Mackinaw Avenue, Chicago, IL 60617
K-80.4 mi
Bowen High School
2710 East 89th Street, Chicago, IL 60617
9-110.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8242 S Houston Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/07/2026
Listed
$190,000
24.59%
MLS
1/04/2024
Sold
$152,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8242 S Houston Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,452
—
$8,700
26%
2023
$1,452
3%
$6,881
—
2022
$1,415
2%
$6,881
—
2021
$1,384
-16%
$6,881
-7%
2020
$1,649
-4%
$7,402
-13%
2019
$1,709
2%
$8,508
—
2018
$1,681
-31%
$8,508
-25%
2017
$2,447
7%
$11,367
—
2016
$2,277
65%
$11,367
51%
2015
$1,378
-7%
$7,521
-6%
2014
$1,485
3%
$8,003
-24%
2013
$1,443
—
$10,562
—
2012
$1,437
—
$10,562
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8242 S Houston Avenue, Chicago, IL 60617 (MLS# 12610800) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 8242 S Houston Avenue is currently listed for $190,000 and was received on April 07, 2026. Want to learn more about 8242 S Houston Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

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