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9 Beds
3 Baths

$425,000

8938 S Exchange Avenue, Chicago IL, 60617

Built in1884
Property typeMulti-family
Listed by Marco Ponce with Coldwell Banker Realty 312-266-7000

Overview

Active

New

Listed Oct 15, 2026

Updated 2h ago

Great Investment Opportunity! Welcome to this recently updated 3-flat featuring 3 bedrooms and 1 bathroom in each unit. Each unit offers separate living and dining rooms with new flooring, updated kitchens with granite countertops, new cabinets and backsplash, updated bathrooms, and central air. Two units also have washer/dryer hookups. Recent improvements include a brand-new porch, new copper water supply lines, updated electrical, fairly new hot water heaters, and a new concrete slab in the rear. The property also features a fenced backyard and detached 2-car garage. Units 1 and 3 are currently rented, while Unit 2 is vacant, offering an excellent opportunity for an owner-occupant or additional rental income. A great opportunity for a first-time investor or experienced owner looking for a well-maintained multi-unit property with strong rental potential.

$2,828/mo

Est. mortgage payment based on a $425,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12778964

Interior Features

Bedrooms
9
Bathrooms
3
Heating
Yes
Basement
No

Other Property Details

Taxes
$7,849
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Marco Ponce with Coldwell Banker Realty 312-266-7000

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Data is refreshed every 3 hours. Listing last updated 6:54 AM UTC on 10/16/2026. 

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