Veterans United Realty
27 Photos

8240 S Crandon Avenue, Chicago, IL 60617

$175,000 Asking Price

3 beds
2 baths
2,000  sqft
Built in 1952

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 FHA 203k 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!


Listing Status:
Active
Date Added:
October 23, 2024 — 9 days ago
Listing Office:
Straight-A Realty, LLC, Michael Applegate (708-743-0043)
Office Phone:
708-743-0043
MLS ID:
12194873

Features & Amenities

Interior

General:
Hardwood Floors, Ceiling - 10 Foot, Replacement Windows
Rooms:
Foyer, Sun Room, Utility Room-Lower Level, Walk In Closet
Appliances:
Double Oven, Dishwasher, Refrigerator, Cooktop, Built-In Oven, Range Hood, Gas Cooktop, Gas Oven
Dining:
Combined w/ LivRm
Laundry:
Sink
Basement:
Full
A/C:
Central Air
Heating:
Natural Gas
Fireplace:
Wood Burning, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Brick, Storms/Screens, Garage(s)
Parking:
Garage, Parking spaces: 1

Construction

Roofing:
Asphalt
General:
2 Stories, Stone

Location

HOA Amenities:
Sidewalks, Street Lights, Street Paved, Not Applicable
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
20362290540000

Utilities

Utilities:
Circuit Breakers
Water:
Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple

This listing courtesy of:
Straight-A Realty, LLC, Michael Applegate

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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