Cash flow from day one with this well-maintained 2-flat in South Chicago offering immediate rental income with future potential to enhance value over time. Each unit features a spacious 3-bedroom layout with comfortable living and dining areas, providing ample room for both dining and entertainment. The property is fully occupied, creating a stable foundation for ownership from day one. A full basement offers additional space for storage or the possibility to further optimize the property’s functionality. Property is being sold AS IS. Situated on a residential block with access to public transportation and everyday conveniences, this is a solid opportunity for those looking to invest in a property with both current income and long-term potential.
Property Details
Price:
$190,000
MLS #:
MRD12610800
Status:
Active Under Contract
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Apr 7, 2026
Year Built:
1885
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Radiator(s)
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding
Financial
Tax Year
2024
Taxes
$1,748
Map
Community
- Address8242 S Houston Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 10, 2026
1,381
Multi Family Listed
80
Avg DOM
$526,232
Avg List Price
Property Summary
- 8242 S Houston Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $190,000
Similar Listings Nearby

Copyright 2026. All rights reserved.
8242 S Houston Avenue
Chicago, IL


