Closed

$140,000

8240 Clyde Avenue, Chicago, IL 60617
7 Beds3 Baths15 days
8240 Clyde Avenue·Chicago, IL 60617
7Bedrooms
3Bathrooms
1927Year Built
About This Home

Excellent investment opportunity on a great block! This large brick 2-flat features spacious 3-bedroom units and a solid brick 2-car garage. The building offers strong upside potential for value-add investors. The finished basement-complete with front and rear exits, high ceilings and full bath-has deteriorated but provides a prime opportunity to restore and potentially convert into an income-producing 3rd unit (buyer to verify zoning/use). With the right vision and rehab, this property can deliver significant cash-flow and long-term equity growth. Property is V.A. owned & sold in "as is/where is" condition. Seller will make no repairs. Property was built prior to 1978 and lead based paint may potentially exist. This property may qualify for Seller Financing (Vendee). Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement, and the property may only be shown by appointment.

MLS# 12526857Listed December 2, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms15

Size & Structure

Garage Spaces2
Year Built1927
Lot Size0.090 acres

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$140,000
Annual Taxes (2024)$4,822
Monthly Tax Est.$402
Parcel #20362250260000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$4,822
Tax Year 2024
Monthly Tax Est.
$402
per month
Property Location

8240 Clyde Avenue, Chicago, IL 60617 — Cook County

$140,000
8240 Clyde Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
15 days on market
2-car garage
0.090 acres
$4,822/yr taxes
$1,138
estimated monthly payment
Principal & Interest
$736/mo
Property Tax
$402/mo
$140,000
20% — $28,000
3%50%
6.875%
3%12%
Loan Amount
$112,000
Down Payment
$28,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
JMRI Corp
Agent: James Morris
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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