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$255,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 5 Total Beds
  • Updated 9 days ago
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Investment Opportunity - Classic 2-Flat in South Chicago with Finished Attic including 2 bonus rooms! Conveniently located near shopping, schools, parks, and public transit, this property appeals to both renters and long-term investors. With stable tenancy upstairs and a fresh leasing opportunity on the 1st floor, it's a perfect blend of security and growth. 1st Floor: Vacant and ready - rent potential $1,300-$1,400/month 2nd Floor: Occupied with a Section 8 voucher tenant paying $1,600/month - FULL SUBSIDY That's $2,900- $3,000/month in gross income when fully leased! Whether you're adding to your portfolio or looking for a house-hack opportunity, 8436 S Exchange Ave delivers solid cash flow in a strong rental market , with a steady Cap Rate! Don't miss this one - schedule your showing today!

Full Property Details for 8436 S Exchange Ave

General

  • Price: $255,000
  • Taxes: $1,352 (2023)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12470266
  • Updated: 1/8/2026
  • Added to Site: 122 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 5

Parking

  • Total Spaces: 2
  • Parking Features: Yes

Location

  • Area: CHI - South Chicago
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 83rd St East to Exchange Ave South to property

School Information

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

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1889
  • Built Before 1978: Yes
  • Remodeled/Updated: 2020

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Standard Chicago Lot
  • Lot Dimensions: 3125 sq ft

Financial Considerations

  • Assessment Year: 1889
  • Tax Amount: $1,352
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 21314110380000

Listed by Marblestone Property Group LLC

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Listing agent

— 8436 S Exchange Ave —

  • Marblestone Property Group LLC

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
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 8436 S Exchange Ave

School District:Chicago Public School District 299
NameGradesDistance
Ninos Heroes Elementary Academic Center
8344 South Commercial Avenue, Chicago, IL 60617
PK-80.2 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 8436 S Exchange Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$255,000
-7.27%
MLS
10/30/2025
Price Reduced
$275,000
-5.17%
MLS
9/18/2025
Listed
$290,000
45%
MLS
12/04/2023
Sold
$200,000
—
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 8436 S Exchange Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,352
3%
$6,407
—
2022
$1,318
2%
$6,407
—
2021
$1,288
-35%
$6,407
-28%
2020
$1,981
-4%
$8,891
-13%
2019
$2,053
2%
$10,220
—
2018
$2,019
-34%
$10,220
-28%
2017
$3,076
7%
$14,290
—
2016
$2,862
9%
$14,290
—
2015
$2,619
45%
$14,290
47%
2014
$1,810
2%
$9,754
—
2013
$1,774
1%
$9,754
—
2012
$1,750
—
$9,754
—
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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Listed by Marblestone Property Group LLC

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8436 S Exchange Avenue, Chicago, IL 60617 (MLS# 12470266) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 8436 S Exchange Avenue is currently listed for $255,000 and was received on September 18, 2025. Want to learn more about 8436 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.

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