8001 S Exchange Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $3,388/month
About This Home
Motivated Seller! Value-add 8 unit building at 8001 S Exchange Ave. Desirable unit mix consisting of 4 - 2 bedroom / 1 bathroom apartments & 4 - 3 bedroom / 1 bathroom apartments. Features a mix of carpet and pergo, updated electrical, separate furnaces. Tenants are M-T-M and all behind on rent. Fully occupied. Near Rainbow Beach Park, just minutes from the Museum of Science Industry, University of Chicago and the future Obama Presidential Library. Can be sold as a package with 1908 E 79th St (MLS# 2643722).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,418
Year Built
- Built in 1921
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- 2-Story Property
- 6,098 Sq Ft Lot
Community Details
Overview
- 8 Units
Building Details
- Gross Income $75,660
- Net Operating Income $47,205
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,418 | $44,901 | $6,125 | $38,776 |
| 2024 | $6,418 | $44,901 | $6,125 | $38,776 |
| 2023 | $6,257 | $30,421 | $5,513 | $24,908 |
| 2022 | $6,257 | $30,421 | $5,513 | $24,908 |
| 2021 | $6,117 | $30,419 | $5,512 | $24,907 |
| 2020 | $7,834 | $35,165 | $5,512 | $29,653 |
| 2019 | $7,065 | $35,165 | $5,512 | $29,653 |
| 2018 | $6,946 | $35,165 | $5,512 | $29,653 |
| 2017 | $5,442 | $25,282 | $4,593 | $20,689 |
| 2016 | $6,409 | $32,000 | $4,593 | $27,407 |
| 2015 | $1,940 | $10,586 | $4,593 | $5,993 |
| 2014 | $996 | $5,370 | $4,593 | $777 |
| 2013 | $2,057 | $11,310 | $4,593 | $6,717 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $525,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12643714
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 7939 S Escanaba Ave
- 8051 S Escanaba Ave
- 3025 E 80th Place
- 7951 S Muskegon Ave
- 7959 S Muskegon Ave
- 2907 E 79th St
- 7931 S Muskegon Ave
- 8047 S Houston Ave
- 8112 S Exchange Ave
- 8008 S Muskegon Ave
- 8119 S Escanaba Ave
- 8125 S Exchange Ave
- 7930 S Muskegon Ave
- 8101 S Muskegon Ave
- 8112 S Escanaba Ave
- 8103 S Muskegon Ave
- 3038-3040 E 79th Place
- 7820 S Escanaba Ave
- 7951 S Burnham Ave
- 8122 S Escanaba Ave
- 3053 E 79th St Unit 1
- 7910 S Muskegon Ave
- 7910 S Muskegon Ave Unit 1
- 7853 S Coles Ave
- 7851 S Coles Ave Unit 3W
- 7849-7853 S Coles Ave
- 7820 S Muskegon Ave Unit 1
- 3075 E Cheltenham Place Unit 111
- 3075 E Cheltenham Place Unit 309
- 3075 E Cheltenham Place Unit 301
- 3075 E Cheltenham Place Unit 102
- 3075 E Cheltenham Place Unit 502
- 3075 E Cheltenham Place Unit 509
- 3075 E Cheltenham Place Unit 201
- 3075 E Cheltenham Place Unit 511
- 3075 E Cheltenham Place Unit 401
- 3075 E Cheltenham Place Unit 501
- 3075 E Cheltenham Place Unit 409
- 3075 E Cheltenham Place Unit 512
- 3075 E Cheltenham Place Unit 211
Ask me questions while you tour the home.