8240 South Crandon, Chicago IL 60617
$175,000

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Property Description

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!

Features & Information

Key Details

  • List Price $175,000
  • Property Taxes $3,942.10
  • Square Feet 2000
  • Price/ Sq. Ft. $87.50
  • Year Built 1952
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 5
  • Basement F
  • Master Bedroom

  • Master Bath N
  • Room Size 16X14
  • Bedroom 2

  • Room Size 15X14
  • Floor Level 2nd Level
  • Flooring Hardwood
  • Bedroom 3

  • Room Size 12X10
  • Floor Level 2nd Level
  • Flooring Hardwood
  • Living Room

  • Room Size 21X30
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 12X11
  • Kitchen Type Eating Area-Table Space
  • Floor Level Main Level
  • Flooring Ceramic Tile
  • Basement

  • Basement Description Unfinished,8 ft + pour,Concrete (Basement)
  • Bathroom(s) in Basement N

Additional Rooms

  • Additional Room 1

  • Additional Room 1 Name Foyer
  • Additional Room Size 13X8
  • Additional Room Level Main Level
  • Additional Room Flooring Hardwood
  • Additional Room 2

  • Additional Room 2 Name Sunroom
  • Additional Room Size 15X13
  • Additional Room Level Main Level
  • Additional Room Flooring Carpet

Interior Features

  • Appliances

  • Appliances Included Oven-Double, Dishwasher, Refrigerator, Cooktop, Oven/Built-in, Range Hood, Gas Cooktop, Gas Oven, Range Hood
  • Heating & Cooling

  • Heating Type Gas
  • Air Conditioning Central Air
  • Fireplace

  • # of Fireplaces 1
  • Type of Fireplace Wood Burning

Exterior Features

  • Building Information

  • Age of Building 71-80 Years
  • Exterior Construction Brick
  • Foundation Stone
  • Parking

  • Parking Garage
  • # of Cars 1
  • Garage Features None/NA

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Take 83rd Street E/w To Crandon And North To 8240
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 3942.10
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 20362290540000
  • Lot Information

  • Dimensions 50X125
  • Acreage 0.14

Utilities

  • Sewer Sewer-Publ

Listed by Michael Applegate for Straight-A Realty, LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/31/2024 12:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Chicago

In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.

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