8240 Clyde Avenue, South Chicago, Chicago, Illinois 60617
$140,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1927 |
| Property Taxes: | $4,822 |
| Days On Market: | 13 |
| Lot Size: | 0,09 |
Description
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 Specifics
| Multi-unit | |
| — | |
| — | |
| 1927 | |
| — | |
| — | |
| No | |
| 0.09 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12526857 | |
| 20362250260000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Sep, 2016 | Sold | $225,000 | MRED MLS |
| 2 Jun, 2016 | Under contract | $215,000 | MRED MLS |
| 29 May, 2016 | Listed for sale | $215,000 | MRED MLS |
| 2 Dec, 2025 | Listed for sale | $140,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
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Dimensions: —
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Dimensions: —
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 3989 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $496 |
| 2025 | $4,822 |
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Listing Provided By
JMRI Corp
