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$185,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
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Cash Flow! Cash Flow! Both Units Currently rented at a total of $2,000.00/Month. Looking to Build or Increase your portfolio? Here it is. This charming 2-unit, 2-story home is the perfect blend of comfort and cash flow. Whether you're a seasoned investor or just starting your portfolio, this property offers a golden opportunity to generate income while building long-term equity. 6 spacious bedrooms total - ideal for multi-family living or maximizing rental potential Two separate units, live in one, rent the other, or rent both for double the income. Property taxes under $400!!! Yes this is not a typo!!! Keeping your overhead low and your profits high. Solid structure and layout - ready for tenants or personal touches to boost value.

Full Property Details for 8834 S Exchange Ave

General

  • Price: $185,000
  • Taxes: $356 (2023)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12483625
  • Updated: 12/2/2025
  • Added to Site: 111 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 6

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: E. 87TH STREET TO EXCHANGE (ONE WAY N.) THEN SOUTH

School Information

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

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Built Before 1978: Yes
  • Remodeled/Updated: 2019

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Tax Amount: $356
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 26062080370000

Listed by Manage Chicago, Inc.

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Listing agents

— 8834 S Exchange Ave —

  • Manage Chicago, Inc.

  • Manage Chicago, Inc.

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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 8834 S Exchange Ave

School District:Chicago Public School District 299
NameGradesDistance
Mireles Elementary Academy
9000 South Exchange Avenue, Chicago, IL 60617
K-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 8834 S Exchange Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Price Reduced
$185,000
-1.86%
MLS
10/14/2025
Price Reduced
$188,500
-0.26%
MLS
9/29/2025
Listed
$189,000
704.26%
MLS
7/15/2011
Sold
$23,500
—
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 8834 S Exchange Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$356
9%
$5,000
—
2022
$326
-3%
$5,000
—
2021
$337
-74%
$5,000
-44%
2020
$1,308
-5%
$8,961
-13%
2019
$1,384
2%
$10,300
—
2018
$1,359
-34%
$10,300
-20%
2017
$2,070
-11%
$12,881
-9%
2016
$2,329
10%
$14,096
—
2015
$2,108
41%
$14,096
33%
2014
$1,496
-13%
$10,613
-12%
2013
$1,728
-21%
$12,106
—
2012
$2,177
—
$12,106
—
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 Manage Chicago, Inc.

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Listed by Shelia Hoy

8834 S Exchange Avenue, Chicago, IL 60617 (MLS# 12483625) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 8834 S Exchange Avenue is currently listed for $185,000 and was received on September 29, 2025. Want to learn more about 8834 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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