For Sale
Multi family home for sale at 8938 S Exchange Ave, Chicago, IL 60617 | MLS# 12778964 | Listing updated on 2026-10-21
Photo 1 of Multi family home for sale at 8938 S Exchange Ave, Chicago, IL 60617 | MLS# 12778964 | Listing updated on 2026-10-21
Photo 2 of Multi family home for sale at 8938 S Exchange Ave, Chicago, IL 60617 | MLS# 12778964 | Listing updated on 2026-10-21
Photo 3 of Multi family home for sale at 8938 S Exchange Ave, Chicago, IL 60617 | MLS# 12778964 | Listing updated on 2026-10-21
Photo 4 of Multi family home for sale at 8938 S Exchange Ave, Chicago, IL 60617 | MLS# 12778964 | Listing updated on 2026-10-21
20+
Beds Icon

Street View

$425,000

Monthly Est:$2,115

  • Beds Icon9 Beds
  • Beds Icon
    3 Baths
  • Beds Icon--sqft

8938 S Exchange Ave, Chicago, IL 60617

$2,115/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1884

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

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.

  • Houzeo last checked: 51 minutes ago
  • Listing updated: October 21, 2026 at 5:06 am
  • Listing Provided by: Marco Ponce | Coldwell Banker Realty (312) 266-7000
  • Source: MRED MLS-IL | MLS#: 12778964 MRED MLS-IL

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    South Chicago

  • Year Built

    1884

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12778964

  • MLS Status

    Active

  • Days on Market

    7

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 9

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

  • Heating

    Gas, Forced Air

Construction

  • Year Built

    Year Built: 1884

  • Home type

    Multi Family

  • Construction Materials

    Vinyl Siding

Utilities & Energy

  • Basement

    Crawl Space

  • Parking Features

    Yes, Garage Owned, Detached, Garage

  • Water Source

    Public

Price History

DateEventPrice

10/15/2026

Source: mls_logoMRED MLS-IL #MRD12778964

Listed for Sale

$425,000 +1.19%

$0/sqft

10/03/2024

Source: mls_logoMRED MLS-IL #MRD12154772

Price Increased

$420,000 +2.44%

$0/sqft

10/03/2024

Source: mls_logoMRED MLS-IL #MRD12179723

Listed for Sale

$410,000

$0/sqft

10/03/2024

Source: mls_logoMRED MLS-IL #MRD12179723

Off Market

$410,000 -4.65%

$0/sqft

09/04/2024

Source: mls_logoMRED MLS-IL #MRD12070629

Listing Removed

$430,000 +13.16%

$0/sqft

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South Chicago Ranks #159 in Chicago, IL

Homes for sale
84

Homes

Rental prices
$878

Rental Prices

Median Home Price
$218K

Median Home Price

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 23, 2026, 11:45AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 23, 2026, 11:45AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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