$199,000
PENDING PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $1,376/month

Total Views 5,400
3 Beds
1 Bath
1,321 Sq Ft
$151 Price per Sq Ft

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Formal Dining Room
  • Main Floor Bedroom
  • Den
  • Wood Frame Window

About This Home

Unleash massive equity potential with this classic Chicago brick bungalow in highly desirable Belmont Cragin. This property has been completely cleaned out, providing a true blank slate for the homeowner or investor ready to execute their vision and capitalize on instant value creation. Step inside to discover a spacious, open-concept living and dining area, a kitchen with plenty of cabinets, and a rear sunroom providing flexible additional space. The main level offers two bedrooms and one full bathroom. The tremendous expansion opportunity lies upstairs and below: The partially finished attic, currently used as a bedroom, den, and storage space, offers clear potential for reconfiguration or expansion, and the unfinished 800-square-foot basement is ready for a full conversion into additional living space. The convenient location places you minutes from public transportation, an abundance of restaurants, entertainment, and shopping. This is a rare opportunity to build your dream home or secure a profitable flip in this neighborhood. Property is being sold as-is.

Listing Agent

Peter Osmanski

Ardain Real Estate Inc. License #475203765 Listed on: 10/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,945

Year Built

  • Built in 1924

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,321 Sq Ft Home
  • 1.5-Story Property
  • Wood Frame Window
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • No Cooling
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • Belmont Central Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,945

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Belmont Central
  • Year Built: 1924
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1321
  • Room Type: Den, Sun Room
  • Window Features: Wood Frames
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 800
  • Attic: Finished,Full,Unfinished
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Off Street, Yes, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4092
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3945
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,945 $25,000 $7,570 $17,430
2023 $3,824 $22,000 $6,138 $15,862
2022 $3,824 $22,000 $6,138 $15,862
2021 $3,757 $22,000 $6,138 $15,862
2020 $3,287 $17,849 $4,501 $13,348
2019 $3,342 $20,056 $4,501 $15,555
2018 $3,285 $20,056 $4,501 $15,555
2017 $4,176 $22,765 $4,092 $18,673
2016 $4,062 $22,765 $4,092 $18,673
2015 $3,693 $22,765 $4,092 $18,673
2014 $4,019 $24,214 $3,682 $20,532
2013 $3,929 $24,214 $3,682 $20,532
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 Pending -- -- --
10/23/2025 10/23/25 For Sale $199,000 -- $151 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12498985

Midwest Real Estate Data (MRED)

APN: 13-29-409-023-0000