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$330,000
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Property Description
Welcome to 8756 S Exchange Ave, a solid investment opportunity with flexibility for an owner occupant. One unit is vacant and freshly painted, ready to move right in or rent out at market rate. The building also features coin operated laundry in the basement, providing additional income. All tenants are current on rent, making this a stable, turn key property from day one. Whether you're looking to live in one unit and offset your mortgage or add a dependable asset to your portfolio, this is a great fit. Strong rental demand in the area, plus the ability to increase rents over time, gives this property solid long term upside. Low maintenance, income producing, and ready to go.
Full Property Details
Full Property Details for 8756 S Exchange Ave
General
- Sold For: $330,000
- Taxes: $3,464 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12620969
- Added to Site: 113 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 89th St to Exchange Ave
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Electric
Utilities
- Water: Public
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement Desc.: Unfinished, Partial
- Year Built: 1888
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 138 x 25
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1888
- Tax Amount: $3,464.76
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 26062010460000
Listed by Redfin Corporation
Sold by Baird & Warner
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Schools
Schools serving 8756 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 | 0.3 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 8756 S Exchange Ave
Date
Details
Price
Change
Source
7/02/2026
Sold
$330,000
10.37%
MLS
4/30/2026
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8756 S Exchange Avenue, Chicago, IL 60617 (MLS# 12620969) is a Multi-Family property that was sold at $330,000 on July 02, 2026. Want to learn more about 8756 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.

