Closed

$175,000

8240 Crandon Avenue, Chicago, IL 60617
3 Beds2 Baths0 sqft43 days
8240 Crandon Avenue·Chicago, IL 60617
3Bedrooms
2Bathrooms
0Sq Ft
1952Year Built
About This Home

Captivating Brick 2-Story with Massive Equity Upside in South Chicago! This spacious 2-story brick home offers over 2,000 sq. ft. of living space, featuring 3 large bedrooms, 1.5 baths, original hardwood floors, high ceilings, and an open, sun-filled layout centered around a wood-burning fireplace. The spacious eat-in kitchen features dual ovens, a gas stovetop, dishwasher, ample cabinetry, and new tile flooring, with plenty of room to add your personal touches! Upstairs, you'll find generously sized bedrooms, including a primary bedroom with a walk-in closet. Other noteworthy features and recent improvements such as central A/C, forced heat, recently serviced furnace, a newer hot water tank, updated windows throughout, and recent plumbing upgrades provide a solid foundation for future improvements. The unfinished basement, with over 8 ft. of ceiling clearance, offers endless possibilities-whether you're looking to create extra bedrooms, add a second bathroom, or design a custom entertainment space. The basement's generous size and easy access to the main sewer stack make any upgrades both seamless and value-boosting! Outside, the beautifully maintained brickwork is sure to catch the eye of anyone who appreciates fine craftsmanship and attention to detail. The privately fenced backyard is perfect for gatherings or gardening, and the one-car garage completes the property. Based on recent comparable sales of fully renovated homes within a one-mile radius and sold within the last 6 months, the after-repair value (ARV) is estimated at $342,000, making this a prime investment opportunity for the visionaries ready to tap into this properties significant equity upside potential! This property is ideal for owner occupying buyers ready to add their finishing touches or investors eager to maximize their returns and unlock its full potential. Conveniently located near shopping, parks, restaurants, public transit, and major expressways, this home combines great location with long-term value and appreciation. Property sold as-is. Schedule your showing today and seize the opportunity in South Chicago!

MLS# 12194873Listed October 23, 2024Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths1
Half Baths1
Total Rooms5

Size & Structure

Living Area0 sqft
Garage Spaces1
Fireplaces1
Year Built1952
Lot Size0.140 acres

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$175,000
Annual Taxes (2023)$3,942
Monthly Tax Est.$329
Parcel #20362290540000
Interior Features

Appliances

Double OvenDishwasherRefrigeratorCooktopOvenRange HoodGas CooktopGas Oven

Flooring

Hardwood

Heating

Natural Gas

Cooling

Central Air

Basement

Unfinished8 ft + pourConcreteFull

Laundry

Sink

Fireplace

Wood Burning
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Stone

Lot Features

None
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers

Parking

No GarageOn SiteGarage OwnedDetachedGarage
HOA & Community

HOA Includes

None

Community Features

SidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$3,942
Tax Year 2023
Monthly Tax Est.
$329
per month
Property Location

8240 Crandon Avenue, Chicago, IL 60617 — Cook County

$175,000
8240 Crandon Avenue
3 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
43 days on market
1-car garage
1 fireplace
0.140 acres
$3,942/yr taxes
$1,248
estimated monthly payment
Principal & Interest
$920/mo
Property Tax
$329/mo
$175,000
20% — $35,000
3%50%
6.875%
3%12%
Loan Amount
$140,000
Down Payment
$35,000

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

Listed by
Straight-A Realty, LLC
Agent: Michael Applegate
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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