8833 South Exchange AvenueChicago, IL 60617Sale Price: $240,000

  • Sale Price: $240,000
  • 335 Days Since Sale
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Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3,040Square Feet
  • 1898Year Built

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Fully rented 6-unit building in South Chicago. All units are 2 bed, 1 bath. Tenants pay for their own electric and gas with individual furnaces. All brick building with 3 units in front and 3 units in rear. Gated backyard could easily accommodate 6 cars though right now it acts a boat and supplies storage for one of the tenants. Rents are slightly below market and one of the units is substantially under market in kind for for maintenance duties on the property. At the current rents this property is at 6.2 GRM and over 12% ROI with substantial room to increase the rents! Low taxes with a very low Cook County valuation.

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Listed by Eric Marcus of Keller Williams ONEChicago

Listing Sold by Top Care Realty LLC

Based on information submitted to MRED  as of October 15, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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