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Listing provided courtesy of Equity RealtyMREDas Distributed by MLSGrid- MLS# 12643714MLS Provider

8001 S Exchange AvenueChicago, IL 60617

Commercial · 5 Beds · 0.14 Acres
$525,000 Active

8001 S Exchange Avenue Overview

Time on Site:
51 days
Visits:
0

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).

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8001 S Exchange Avenue Facts & Features

  • Type Commercial
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 75660
  • Gross Scheduled Income: 75660
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 47205
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1921

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Chicago

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $6,418.00
  • Tax Year: 2023

General Information

  • Parcel Number: 21312110010000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Stories: 2

Exterior

Lot Information

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

General Information

  • Number Of Units Total: 8

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 4

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 4

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

8001 S Exchange Avenue Neighborhood

Community

60617 (Chicago) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8001 S Exchange Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8001 S Exchange Avenue Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

8001 S Exchange Avenue History

Date Event Value Agent
5/14/2026Source: MRED Status Change
Active
5/9/2026Source: MRED Added to Database
May 09, 2026