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$155,000
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Property Description
Excellent income generating property. Two homes on one lot. The front building has 2 units and there is a cottage in the rear. It is ideally located blocks from Lake Shore Drive to Downtown Chicago. It is being sold in it's "as is condition".
Full Property Details
Full Property Details for 8408 S Exchange Ave
General
- Sold For: $155,000
- Taxes: $949 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12479949
- Added to Site: 111 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 84th st west to exchange south to address
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: None
- Year Built: 1895
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1895
- Tax Amount: $949.43
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21314110280000
Listed and Sold by Grinker & Garcia Real Estate
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Schools
Schools serving 8408 S Exchange Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ninos Heroes Elementary Academic Center 8344 South Commercial Avenue, Chicago, IL 60617 | PK-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8408 S Exchange Ave
Date
Details
Price
Change
Source
12/19/2025
Sold
$155,000
-2.52%
MLS
10/29/2025
Price Increased
$159,000
2.58%
MLS
9/26/2025
Listed
$155,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8408 S Exchange Avenue, Chicago, IL 60617 (MLS# 12479949) is a Multi-Family property that was sold at $155,000 on December 19, 2025. Want to learn more about 8408 S Exchange 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.

