8220 Oglesby Avenue, South Chicago, Chicago, Illinois 60617


$156,900

Sold
Status: Closed
Sqft: 1,543
Cost/Sqft: $102
Beds: 2
Baths: 3
Year Built: 1939
Property Taxes: $2,414
Days On Market: 868
Lot Size: 0,09
Map
Street View

Description

**TREMENDOUS EQUITY UPSIDE! + RECENT UPGRADES!** Attention Investors and FHA 203K buyers! SAY HELLO TO THIS GORGEOUS, BRICK, SFH IN SOUTH CHICAGO! This is a "no-brainer" fixer-up opportunity! Layouts include: 2 sizable bedrooms and 2.5 baths. ((Seller has recently performed light upgrades including a kitchen remodel, bathroom upgrade, brand new plumbing /w copper piping throughout, new wood vinyl flooring on the main level and removal of 2nd floor carpet to expose the natural wood floors.)) Other notable features include: stunning and emasculate exterior brickwork, spacious living and dining room, huge backyard, brick 2-car garage, newer windows throughout, gas burning fireplace, a main level bathroom, full basement bathroom, newer refrigerator, washer/dryer and 5 year old roof! This is a great opportunity for the visionary looking to plant their feet in the quickly developing South Chicago neighborhood with the aspiration to bring their personal touches and custom ideas to life! Perfect for an FHA 203K buyer willing to get this home in tip-top shape with a little TLC. EQUITY BUILT INTO THE LIST PRICE: This property recently appraised with an After Repair Value of $240,000! ~That's over $80,000 in equity potential!~ Finish the basement and add an additional bedroom and/or reconfigure the main level (with a potential rear addition) to add a square footage plus a 1st floor bedroom to achieve a potential 3-bed ARV of $315,000! This property sits on a very quiet and well maintained block with many other seasoned homeowners. Just minutes from Lake Michigan, Bike Paths, Jackson Park Golf Course, New Obama Library , Major Highways, public transportation, shopping and dining. Property is priced to sale and will be sold "AS-IS", no exceptions. This one will not last long! EZ to show! Schedule a showing today!

Property Specifics

Single Family
1939
No
0.09
Cook
— / Not Applicable
11819342
20362300240000

Property History

DATE: EVENT: PRICE: SOURCE:
28 Dec, 2022 Listed for sale $139,900 MRED MLS
22 Aug, 2023 Sold $156,900 MRED MLS
7 Jul, 2023 Under contract $156,900 MRED MLS
28 Jun, 2023 Listed for sale $156,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 1
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

2
25X125
Not in DB

Tax History

Year Property Taxes
2022 $1,618
2023 $2,414

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Listing Provided By

Straight-A Realty, LLC