8240 S Clyde Avenue
Chicago, IL, 60617
$140,000
7 Beds
3 Baths
0 SqFt
0.09 Acres
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$140,000
8240 S Clyde Avenue
Chicago, IL, 60617
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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.

Property Details

Price:
$140,000
MLS #:
MRD12526857
Status:
Pending
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Dec 2, 2025
Year Built:
1927
Chi – South ChicagoChisouthchicago

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

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

Financial

Tax Year
2024
Taxes
$4,822
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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 Multi Family in Chicago as of Jan 13, 2026
1,210
Multi Family Listed
92
Avg DOM
$459,271
Avg List Price

Community

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Property Summary

    8240 S Clyde Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $140,000 To schedule a showing of MLS#mrd12526857 at 8240 S Clyde Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
8240 S Clyde Avenue
Chicago, IL