$525,000

Estimated payment $3,321/month

Total Views 390
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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).

Listing Agent

Jonathan Gil

Equity Realty License #471012042 Listed on: 05/08/2026

Co-Listing Agent

Natalia gil

Equity Realty License #475204855

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,418

Year Built

Built in 1921

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1921
  • Built Before 1978 (Y/N): Yes
  • Information: No Sign on Property
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Forced Air,Gas

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 47205
  • GrossIncome: 75660
  • NumberOfUnitsTotal: 8
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 6418
  • Tax Year: 2023

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12643714

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.