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$299,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 2 Car Garage
  • Updated 3 days ago
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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 for 8756 S Exchange Ave

General

  • Price: $299,000
  • Taxes: $1,163 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12620969
  • Updated: 4/30/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 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
  • Township: South Chicago
  • Driving Directions: 89th St to Exchange Ave

School Information

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

Heating & Cooling

  • Heating Type: Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • 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: $1,163
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 26062010460000

Listed by Redfin Corporation

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Listing agent

— 8756 S Exchange Ave —

  • Redfin Corporation

(312) 836-4263

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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 8756 S Exchange Ave

School District:Chicago Public School District 299
NameGradesDistance
Mireles Elementary Academy
9000 South Exchange Avenue, Chicago, IL 60617
K-80.3 mi
Bowen High School
2710 East 89th Street, Chicago, IL 60617
9-110.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/30/2026
Listed
$299,000
15.44%
MLS
11/20/2020
Sold
$259,000
—
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 8756 S Exchange Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,163
—
$17,200
213%
2023
$1,163
2%
$5,500
—
2022
$1,135
2%
$5,500
—
2021
$1,109
-53%
$5,500
-48%
2020
$2,369
-4%
$10,608
-13%
2019
$2,456
2%
$12,194
—
2018
$2,415
-36%
$12,194
-30%
2017
$3,764
7%
$17,449
—
2016
$3,503
9%
$17,449
—
2015
$3,205
5%
$17,449
7%
2014
$3,038
2%
$16,332
—
2013
$2,977
1%
$16,332
—
2012
$2,937
—
$16,332
—
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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NMLS#: 1598647

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Listed by Redfin Corporation

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8756 S Exchange Avenue, Chicago, IL 60617 (MLS# 12620969) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 8756 S Exchange Avenue is currently listed for $299,000 and was received on April 30, 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.

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