$325,000
9151 S Normal Avenue
Chicago, IL, 60620
TURNKEY INVESTMENT OPPORTUNITY: Fully Renovated 5-Bed + 3 additional Lots Multi-Lot Development Deal! Exceptional investment opportunity in Chicago’s emerging Brainerd corridor. This FOUR-LOT assemblage offers immediate rental potential plus unlimited expansion opportunities for savvy investors and developers. IMMEDIATE RENTAL POTENTIAL: Move-in ready 5-bedroom home ready for tenants Zero deferred maintenance – completely renovated with new mechanicals Multiple financing options: FHA, VA, and conventional loans welcome Perfect for house hacking, rental portfolio, or owner-occupant investment FULLY RENOVATED MAIN RESIDENCE: 5 bedrooms + flex office/bonus room 2 completely updated bathrooms All-new systems: HVAC, water heater, energy-efficient windows Formal living/dining rooms with modern fixtures Full basement for storage/additional living space Brick 2-car garage + covered parking port DEVELOPMENT GOLDMINE – 3 ADDITIONAL LOTS: Build 2-4 additional units (subject to zoning approval) Multiply your rental income potential with new construction Options: Single-family homes, duplexes, or small multi-unit buildings Land banking opportunity in rapidly appreciating market Subdivision potential for maximum profit realization STRATEGIC LOCATION ADVANTAGES: Strong rental demand near 87th Street commercial corridor Direct access to Dan Ryan Expressway (I-57) – easy downtown commute Metra Rock Island Line proximity attracts quality tenants Established schools: Brainerd Elementary, Morgan Park High School Parks and recreation within walking distance INVESTMENT SCENARIOS: Immediate Income: Rent main house while planning development House Hack: Live in main residence, build rental units on extra lots Full Development: Maximize density for optimal returns Buy & Hold: Benefit from South Side gentrification trends FINANCING FRIENDLY: Qualifies for FHA, VA, and conventional financing Owner-occupant and investor financing options available Turnkey condition eliminates rehab costs and delays This rare multi-lot opportunity positions investors ahead of Chicago’s South Side development wave. Secure rental income potential while building long-term wealth through strategic development. Ready to explore the possibilities? Contact us for detailed investment analysis and development feasibility review.
Property Details
Price:
$325,000
MLS #:
MRD12398897
Status:
Active
Beds:
3
Baths:
2
Address:
9151 S Normal Avenue
Type:
Single Family
Neighborhood:
CHI – Washington Heights
City:
Chicago
Listed Date:
Jun 20, 2025
State:
IL
Finished Sq Ft:
2,400
ZIP:
60620
Year Built:
1920
Schools
School District:
299
Interior
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Heating
Natural Gas, Electric
Exterior
Architectural Style
Traditional
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Vinyl Siding, Steel Siding
Parking Features
On Site, Garage Owned, Detached, Off Alley, Off Street, Driveway, Garage
Parking Spots
12
Roof
Asphalt
Financial
HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$4,235
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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9151 S Normal Avenue
Chicago, IL
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