$89,900
8241 S Saginaw Avenue
Chicago, IL, 60617
Located in the sought-after South Shore, this solid, all brick two unit is an investors dream and at this value will not last long! This building has undergone a severe fire to the second floor unit, the first floor unit also has fire damage, this is a project for a seasoned investor but high risk = high reward! With back end values in the low $400K range this building is a great value add potential! Each unit offers two bedrooms per unit, with the roof missing the second floor unit can be duplexed up to add more space, duplex the first floor into the basement and BOOM there are two HUGE units! Located centrally between the Skyway and Lake Shore drive, this location is ideal. Tons of upside here, do not overlook this project and get inside today
Property Details
Price:
$89,900
MLS #:
MRD12349331
Status:
Active
Beds:
4
Baths:
2
Address:
8241 S Saginaw Avenue
Type:
Multi Family
Neighborhood:
CHI – South Chicago
City:
Chicago
Listed Date:
Apr 27, 2025
State:
IL
ZIP:
60617
Year Built:
1919
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$1,793
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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8241 S Saginaw Avenue
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