8240 S Crandon Avenue
Chicago, IL, 60617
$175,000
3 Beds
2 Baths
2,000 SqFt
0.14 Acres
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$175,000
8240 S Crandon Avenue
Chicago, IL, 60617
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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!

Property Details

Price:
$175,000
MLS #:
MRD12194873
Status:
Active Under Contract
Beds:
3
Baths:
2
Address:
8240 S Crandon Avenue
Type:
Single Family
Neighborhood:
CHI – South Chicago
City:
Chicago
Listed Date:
Oct 23, 2024
State:
IL
Finished Sq Ft:
2,000
ZIP:
60617
Year Built:
1952

Schools

School District:
299

Interior

Appliances
Double Oven, Dishwasher, Refrigerator, Cooktop, Built- In Oven, Range Hood, Gas Cooktop, Gas Oven
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas
Laundry Features
Sink

Exterior

Community Features
Sidewalks, Street Lights, Street Paved
Exterior Features
Storms/ Screens
Other Structures
Garage(s)
Parking Spots
1
Roof
Asphalt

Financial

HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$3,942
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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8240 S Crandon Avenue
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