For SaleHistoric · 141 yrs
8242 S Houston Ave
Chicago, IL, 60617 • South Chicago • Cook County
$190,000
Down payment assistance available
6Beds
2Baths
0.07 acLot
1885Built
Property DNA
Character Home
Built 1885 · 141 years of history
Just Listed
Listed Apr 8, 2026
Market activity
Demand and pricing signals for this listing
50 views
People checking out this listing
8 saves
Buyers have saved this home
About this home
Multi Family · Built 1885 · Historic
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. 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.
Estimated monthly payment
Based on current rates
$1,252/month
Principal & Interest$999
Property Tax$190
Insurance$63
Down payment20% ($38,000)
3%50%
Est. 6.88% rate · 30yr fixed · $152,000 loan
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At a glance
Key facts and listing details
TypeMulti Family
Year Built1885
HeatingNatural Gas, Radiator(s)
Parking0 spaces
Days on Zillow0
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1885
Systems
HeatingNatural Gas, Radiator(s)
ConstructionAluminum Siding
Water / SewerLake Michigan / Public Sewer
Parking & Outdoor
BasementUnfinished,Full
Lot3,049 sqft
Location & Tax
NeighborhoodSouth Chicago
ZoningMULTI
Annual tax$1,747
Parcel2131230040
Bathrooms & Fees
Full baths2
Features & details
3 categories of property features
Interior Features
Heating
Natural Gas
Radiator(s)
Exterior Features
Construction
Aluminum Siding
Community
Curbs
Sidewalks
Street Lights
Street Paved
Listing insights
Market data and value estimates
StatusFor Sale
Tax rate1.99%
On marketApr 8, 2026
PostedApr 8, 2026
Last sold$152,500
MLS statusNew
MLS updatedApr 8, 2026
Tour days9
Views50
Favorites8
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60617
Price history
14 events
DateEventPrice$/sqftSource
Apr 8, 2026Listed For Sale$190,000—MRED as distributed by MLS GRID
Jan 17, 2024Sold$152,500—MRED as distributed by MLS GRID
Jan 4, 2024Pending Sale$164,900—MRED as distributed by MLS GRID
Jan 3, 2024Listing Removed——MRED as distributed by MLS GRID
Nov 28, 2023Contingent$164,900—MRED as distributed by MLS GRID
Oct 26, 2023Price Change$164,900—MRED as distributed by MLS GRID
Oct 9, 2023Listed For Sale$169,900—MRED as distributed by MLS GRID
Mar 27, 2018Sold$119,000—Public Record
Feb 23, 2015Listing Removed$995—Go Section8
Jan 6, 2015Listed For Rent$995—Go Section8
Apr 8, 2014Listing Removed$1,150—CIT Property Group
Feb 24, 2014Price Change$1,150—CIT Property Group
Jan 22, 2014Listed For Rent$1,100—House Masters
Jan 16, 2014Sold$42,000—Public Record
Listed For Sale$190,000
Apr 8, 2026•MRED as distributed by MLS GRID
Sold$152,500
Jan 17, 2024•MRED as distributed by MLS GRID
Pending Sale$164,900
Jan 4, 2024•MRED as distributed by MLS GRID
Listing Removed—
Jan 3, 2024•MRED as distributed by MLS GRID
Contingent$164,900
Nov 28, 2023•MRED as distributed by MLS GRID
Price Change$164,900
Oct 26, 2023•MRED as distributed by MLS GRID
Listed For Sale$169,900
Oct 9, 2023•MRED as distributed by MLS GRID
Sold$119,000
Mar 27, 2018•Public Record
Listing Removed$995
Feb 23, 2015•Go Section8
Listed For Rent$995
Jan 6, 2015•Go Section8
Listing Removed$1,150
Apr 8, 2014•CIT Property Group
Price Change$1,150
Feb 24, 2014•CIT Property Group
Listed For Rent$1,100
Jan 22, 2014•House Masters
Sold$42,000
Jan 16, 2014•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 9, 2023$1,452$6,881
Apr 9, 2022$1,415$6,881
Apr 9, 2021$1,384$6,881
Apr 9, 2020$1,649$7,402
Apr 9, 2019$1,709$8,508
Apr 9, 2018$1,681$8,508
Apr 9, 2017$2,447$11,367
Apr 9, 2016$2,277$11,367
Apr 9, 2015$1,378$7,521
Apr 9, 2014$1,485$8,003
Apr 9, 2013$1,443$10,562
Apr 9, 2012$1,437$10,562
Apr 9, 2011$1,615$14,005
Apr 9, 2010$1,490$14,005
Apr 9, 2009$1,258$14,005
Apr 9, 2008$1,199$15,071
Apr 9, 2007$842$15,071
Apr 9, 2006$794$15,071
Apr 9, 2005$837$9,147
Apr 9, 2004$821$9,147
Apr 9, 2003$786$9,147
Apr 9, 2002$831$6,449
Apr 9, 2001$679$6,449
Apr 9, 2000$854$6,449
Apr 9, 1999$854$4,447
Nearby homes
Neighborhood details
Local context around this listing
Chicago, IL • Cook County
Nearby neighborhoods
GreshamIrving ParkLake ViewLincoln ParkLittle VillageLogan SquareRogers ParkSouth AustinUptownWest Ridge
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60608606176061860623606256062960632606346063960647
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been 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. [Click here for more information](/mls-disclaimers/#17)
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