8242 S Houston Avenue, Chicago, IL 60617 - Photo 1

1/1

$190,000

Sold
Closed
Multi-Family
6 Total Beds
Updated 1 day ago

1/1

Property Description

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. Property is being sold AS IS. 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

Full Property Details for 8242 S Houston Ave

General

Sold For: $190,000
Taxes: $1,747 (2024)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12610800
Added to Site: 188 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 6

Additional Information

Other Features: Commuter Bus, Interstate Access

Location

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

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas, Radiator(s)

Utilities

Water: Lake Michigan

Structural Information

Construction: Aluminum Siding
Exterior Const.: Aluminum Siding
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

Disclosures and Reports

Ownership: Fee Simple
Property ID: 21312300400000

Listed by Real Property Management Group Chicago
Sold by RE/MAX Premier

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— 8242 S Houston Ave —

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Schools

Schools serving 8242 S Houston Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Sullivan Elementary School, Chicago, IL 8331 South Mackinaw Avenue, Chicago, IL 60617	K-8	0.4 mi
Bowen High School 2710 East 89th Street, Chicago, IL 60617	9-11	0.9 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

Date

Details

Price

Change

Source

9/30/2026

Sold

$190,000

—

MLS

4/07/2026

Listed

$190,000

—

MLS

Disclaimer: Historical sales 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 that was sold at $190,000 on September 30, 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.

8242 S Houston Ave Chicago, IL 60617