8548 S Exchange Avenue
Chicago, IL 60617
- 8 beds
- 2 baths
- – sqft
- 4,356 sqft lot
- 1924 build
- – on site
Welcome to this spacious 2-unit building offering both comfort and potential in the heart of South Chicago! Whether you're an investor seeking a high-performing rental property or a homeowner looking for rental income, this property is a perfect fit! Unit 1: Features 4 spacious bedrooms, 1 bathroom, a light-filled living room, and a functional kitchen with ample cabinet space. Unit 2: Offers 4 generous bedrooms, 1 bathroom, a large living area, and an updated kitchen perfect for entertaining. Basement: Full unfinished basement, ideal for additional storage or future development. Parking: Detached 2-car garage for convenient off-street parking. Outdoor Space: Cozy backyard, perfect for relaxing or entertaining. Key Updates: Newer roof (installed within the last 5 years). Updated plumbing and electrical systems. Fresh paint and well-maintained interiors in both units. Neighborhood Perks: Located in the thriving South Chicago neighborhood, this property is minutes from Lake Michigan, parks, and local shops. Enjoy easy access to public transportation, major highways, and the developing South Shore area. The location offers great potential as the neighborhood continues to grow and attract investment. Schedule your showing today and explore the possibilities!
Last checked:
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Checking…
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Last updated Jan 2, 2025
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MLS# 12125765 —
The Building
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Year Built:1924
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Rebuilt:No
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New Construction:false
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Basement:Full
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Foundation Details:Concrete Perimeter
Interior
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Rooms Total:12
Location
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Directions:83rd E OR W TO EXCHANGE, SOUTH TO PROPRTY
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Location:87738
The Property
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Parcel Number:21314180390000
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Property Type:Residential Income
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Lot Size Dimensions:4687
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Lot Size Acres:0.1
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 885-6263
- Office phone:
- (312) 216-2422
Taxes
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Tax Year:2023
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Tax Annual Amount:2531.91
Beds
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Bedrooms Total:8
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Bedrooms Possible:8
Baths
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Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Radiator(s)
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/27/24
Dec 27, 2024
|
Listed / Active | MRED | $340,000 | 23.6% (7.0% / YR) |
|
8/13/21
Aug 13, 2021
|
MRED | $275,000 | 6.6% | |
|
7/7/21
Jul 7, 2021
|
MRED | $258,000 |
