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$135,000 Just Listed
Property Description
Exceptional Investment Opportunity in this 4-Unit building in South Chicago neighborhood ! This high-potential property presents a rare opportunity for savvy investors. Additional in-law arrangement garden unit plus large and high attic . The building spans approximately 3,050 square feet and features 10 bedrooms, 5 bathrooms and a detached 2-car garage. Prime location close to parks, stores, and restaurants, with easy access to the I-94. This is an absolute must-see!
Full Property Details
Full Property Details for 8711 S Exchange Ave
General
- Price: $135,000
- Taxes: $3,263 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12676219
- Updated: 6/12/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 5
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Township: Hyde Park
- Driving Directions: 87th St to Exchange, South to address
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, Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1880
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.08
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 139
Financial Considerations
- Assessment Year: 1880
- Tax Amount: $3,263.29
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 26062020040000
Listed by Chicago Area Realty Inc
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Schools
Schools serving 8711 S Exchange Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mireles Elementary Academy 9000 South Exchange Avenue, Chicago, IL 60617 | K-8 | 0.4 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.3 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 8711 S Exchange Ave
Date
Details
Price
Change
Source
6/12/2026
Listed
$135,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8711 S Exchange Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,481
—
$16,200
131%
2023
$1,481
3%
$7,000
—
2022
$1,444
2%
$7,000
—
2021
$1,412
-42%
$7,000
-36%
2020
$2,425
-4%
$10,859
-13%
2019
$2,514
2%
$12,482
—
2018
$2,472
-39%
$12,482
-33%
2017
$4,047
7%
$18,757
—
2016
$3,766
9%
$18,757
—
2015
$3,446
3%
$18,757
4%
2014
$3,360
2%
$18,064
—
2013
$3,293
1%
$18,064
—
2012
$3,249
—
$18,064
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8711 S Exchange Ave
8711 S Exchange Avenue, Chicago, IL 60617 (MLS# 12676219) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 8711 S Exchange Avenue is currently listed for $135,000 and was received on June 12, 2026. Want to learn more about 8711 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.
