7541 S Merrill Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $1,232/month
Highlights
- Screened Porch
- 2 Car Detached Garage
- Dining Room
- Sitting Room
- Laundry Room
- Family Room
About This Home
Discovered this 5-bedroom bungalow on a tranquil, tree-canopied stretch of Chicago's historic South Shore. Step through the sun-drenched enclosed porch- could become your favorite spot for morning coffee or twilight relaxation-Interior defined by formal living and dining rooms. This flexible footprint offers a canvas for growing families, dedicated remote workspaces, or entertaining. _Location is everything, and this home is situated just minutes from Lake Shore Drive and public transit, you remain perfectly connected, yet the true allure is the proximity to the city's most exciting developments. You're less than 10 minutes from the transformative Obama Presidential Center and the iconic Museum Campus, placing world-class culture, sprawling green spaces, and vibrant community energy directly at your doorstep. Whether you envision a peaceful personal retreat or a prime investment in one of Chicago's fastest-rising cultural hubs, this bungalow is ready to write its next chapter with you. The seller has just executed a price reduction. They are highly motivated to find the next steward, Seize this opportunity in the heart of the South Shore renaissance.
Open House Schedule
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Sunday, July 19, 20263:45 to 5:45 pm7/19/2026 3:45:00 PM +00:007/19/2026 5:45:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $116
Year Built
- Built in 1924
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,800 Sq Ft Home
- 1.5-Story Property
- Family Room
- Sitting Room
- Living Room
- Dining Room
- Screened Porch
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Senior Freeze Tax Exemptions
- Other Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $116 | $14,901 | $3,125 | $11,776 |
| 2024 | $116 | $14,901 | $3,125 | $11,776 |
| 2023 | $2,436 | $18,001 | $5,208 | $12,793 |
| 2022 | $2,436 | $18,001 | $5,208 | $12,793 |
| 2021 | $2,414 | $17,999 | $5,207 | $12,792 |
| 2020 | $114 | $15,983 | $3,749 | $12,234 |
| 2019 | $2,328 | $17,759 | $3,749 | $14,010 |
| 2018 | $112 | $17,759 | $3,749 | $14,010 |
| 2017 | $120 | $17,346 | $3,332 | $14,014 |
| 2016 | $547 | $17,346 | $3,332 | $14,014 |
| 2015 | $525 | $17,346 | $3,332 | $14,014 |
| 2014 | $521 | $15,979 | $2,916 | $13,063 |
| 2013 | $523 | $15,979 | $2,916 | $13,063 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | Price Changed | $224,900 | -9.7% | $125 / Sq Ft |
| 07/01/2026 07/01/26 | For Sale | $249,000 | -- | $138 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12693470
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.