8040 S Rhodes Ave

3,538 Sq. Ft.
$106 / Sq. Ft.
3,538
Sq. Ft.
$106
per Sq. Ft.

Description

Discover this fully renovated, oversized two flat in the heart of Chatham-ideal for an owner occupant or an investor looking for strong, reliable cash flow. Both units offer a true open concept layout with modern finishes: white soft close cabinets, quartz countertops, a large island with stylish pendant lighting, refreshed hardwood floors, walk in closets, and brand new stainless steel appliances. Each unit includes three spacious bedrooms, a sleek modern bathroom, and a classic brick fireplace...Discover this fully renovated, oversized two flat in the heart of Chatham-ideal for an owner occupant or an investor looking for strong, reliable cash flow. Both units offer a true open concept layout with modern finishes: white soft close cabinets, quartz countertops, a large island with stylish pendant lighting, refreshed hardwood floors, walk in closets, and brand new stainless steel appliances. Each unit includes three spacious bedrooms, a sleek modern bathroom, and a classic brick fireplace perfect for mounting a TV. The refreshed unfinished basement features painted floors, walls, and ceiling. Radiator heat provides efficient, consistent warmth, and laundry machines are conveniently located in the basement. There's also a modern shared coat/shoe closet outside Unit 2. A solid brick two car garage with automatic door adds even more value. Shopping centers are less than a mile away, downtown Chicago is only about 15 minutes away, and quick access to I94 makes commuting incredibly convenient. The block is filled with working professionals and families, offering a strong community feel. With high rents in this area, this property delivers exceptional living space, modern design, and impressive income potential-an opportunity that's hard to beat in Chatham.
  1. Listed by Ibadat Chatha • Concentric Realty, Inc
    P: (708)-724-1467 C: (708)-724-1467 ichatha05@gmail.com

Sold By Kale Realty

Property Details for 8040 South Rhodes Avenue

Area
CHI - Chatham
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas, Radiator(s)
LISTING UPDATED: 05/09/2026 04:48 AM

Property Details for 8040 South Rhodes Avenue

StatusClosed
MLS #12569211
Days on Market7
Taxes$1,974 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1925
Lot Size0.09 AC / 3,720 SF
CountyCook County
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Building Information for 8040 South Rhodes Avenue

Stories-Residences2Year Built1925Building Size-Lot Size0.09 AC / 3,720 SF

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$2,061 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,897

Property Taxes

$165

HOA Dues

$0

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Property Information for 8040 South Rhodes Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Dixon Elementary School
  • High School District: 299
  • High School: Hirsch Metropolitan High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 6
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2026
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3720 sq ft
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 8040
  • East Coordinate: 532
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2026-03-16T21:56:52
  • Photos Count: 19
  • OpenHouse Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 8040 South Rhodes Avenue

DateEvent & SourcePriceAppreciation
May 8, 2026

Sold

MRED #12569211

$376,699
Mar 18, 2026

Pending

MRED #12569211

Mar 18, 2026

Contingent

MRED #12569211

DateEvent & SourcePrice
05/08/2026

Sold

MRED #12569211

$376,699
03/18/2026

Pending

MRED #12569211

03/18/2026

Contingent

MRED #12569211

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8040 South Rhodes Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 6 to 12
Charter - K to 8
Rating
School
Distance
Hirsch Metropolitan High School
Public9 to 12

Horizon Sci Academy Chatham Charter
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Concentric Realty, Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/09/2026 04:48 AM. 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.