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$45,000
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Property Description
Discover the perfect opportunity with this charming frame 2-unit building, ideal for both owner-occupants and investors. Whether you're looking to live in one unit while generating rental income from the other, or you're an investor seeking your next project, this property offers incredible potential. With its versatile layout and prime location, this building is ready to be transformed into a valuable asset. Don't miss out on this chance to make your vision a reality! Lender-owned, bring all OFFERS! The seller would consider seller financing including repairs as part of the loan. Sold AS-IS - Sold AS-IS - This property offers a possible bulk sale opportunity for the right investor, as we currently have 11 active listings, 12259885, 12217325, 12210999, 12127019, 12203753, 12203740, 12137446.
Full Property Details
Full Property Details for 8923 S Exchange Ave
General
- Sold For: $45,000
- Taxes: $1,586 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12148422
- Added to Site: 507 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 2
- Parking Features: On Site, Owned
- Parking On-Site: Yes
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: Commercial Ave North to 86th, West to Exchange Ave, North to Property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Other
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1885
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 138 x 25
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1885
- Tax Amount: $1,586.25
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 26062160100000
Listed by 33 Realty
Sold by Cosmos Realty Investors, Inc.
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Schools
Schools serving 8923 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 | 0.1 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 8923 S Exchange Ave
Date
Details
Price
Change
Source
9/11/2025
Sold
$45,000
12.78%
MLS
8/11/2025
Price Reduced
$39,900
-11.14%
MLS
7/12/2025
Price Reduced
$44,900
-18.21%
MLS
6/23/2025
Price Reduced
$54,900
-8.35%
MLS
6/06/2025
Price Reduced
$59,900
-14.31%
MLS
5/07/2025
Price Reduced
$69,900
-6.68%
MLS
3/29/2025
Price Reduced
$74,900
-6.26%
MLS
3/02/2025
Price Reduced
$79,900
-5.89%
MLS
2/15/2025
Price Reduced
$84,900
-5.56%
MLS
1/31/2025
Price Reduced
$89,900
-10.01%
MLS
1/07/2025
Price Reduced
$99,900
-9.1%
MLS
12/06/2024
Price Reduced
$109,900
-8.34%
MLS
11/27/2024
Price Reduced
$119,900
-7.7%
MLS
11/17/2024
Price Reduced
$129,900
-3.71%
MLS
11/04/2024
Price Reduced
$134,900
-3.57%
MLS
10/01/2024
Price Reduced
$139,900
-6.67%
MLS
9/05/2024
Price Reduced
$149,900
-6.25%
MLS
8/27/2024
Listed
$159,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8923 S Exchange Avenue, Chicago, IL 60617 (MLS# 12148422) is a Multi-Family property that was sold at $45,000 on September 11, 2025. Want to learn more about 8923 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.

