7533 S Michigan Avenue
Chicago, IL, 60619
$150,000
3 Beds
3 Baths
1,418 SqFt
0 Acres
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$150,000
7533 S Michigan Avenue
Chicago, IL, 60619
MLS #MRD12545161 image #0MLS #MRD12545161 image #1
INCREDIBLE OPPORTUNITY IN GREATER GRAND CROSSING! PRICED TO SELL! Welcome to 7533 S Michigan Ave – a classic brick bungalow with tremendous potential in a neighborhood where comps are significantly higher! This three-bedroom home sits on a spacious lot and offers over fourteen hundred square feet of living space waiting for your creative vision. WHAT MAKES THIS SPECIAL: Beautiful original hardwood floors throughout the main level Bright, spacious kitchen with plenty of room for modern updates Charming dormer second level adds character and functional space Additional bathrooms on the upper level and in the basement for convenience Solid brick construction – great bones ready for your transformation RECENT UPDATES: Brand new deck perfect for entertaining & recently updated garage IDEAL FOR: Rehabbers looking for a value-add opportunity in a strong market Owner-occupants ready to create their dream home Investors seeking equity upside in an appreciating neighborhood HONEST DISCLOSURE: This property needs TLC and general updating throughout. Priced accordingly to reflect condition and provide room for your sweat equity or contractor budget. THE BOTTOM LINE: With comps in the area running much higher, this is your chance to build instant equity while creating something special. Low acquisition cost plus smart rehab equals significant profit potential or an incredible forever home at below-market pricing. Don’t miss this rare opportunity to transform a diamond in the rough into a showpiece! Schedule your showing today.

Property Details

Price:
$150,000
MLS #:
MRD12545161
Status:
Active Under Contract
Beds:
3
Baths:
3
Type:
Single Family
Neighborhood:
chigreatergrandcrossing
Listed Date:
Jan 11, 2026
Finished Sq Ft:
1,418
Year Built:
1920
Chi – Greater Grand CrossingChigreatergrandcrossing

Schools

School District:
299

Interior

Bathrooms
3 Full Bathrooms
Cooling
Central Air
Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Yes, Detached, Garage
Parking Spots
2

Financial

HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$1,541
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Single Family in Chicago as of Feb 22, 2026
2,492
Single Family Listed
76
Avg DOM
218
Avg $ / SqFt
$518,998
Avg List Price

Community

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Property Summary

    7533 S Michigan Avenue Chicago IL is a Single Family for sale in Chicago, IL, 60619. It is listed for $150,000 and features 3 beds, 3 baths, and has approximately 1,418 square feet of living space, and was originally constructed in 1920. The current price per square foot is $106. The average price per square foot for Single Family listings in Chicago is $218. The average listing price for Single Family in Chicago is $518,998. To schedule a showing of MLS#mrd12545161 at 7533 S Michigan Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7533 S Michigan Avenue
Chicago, IL