8220 S Prairie Ave Chicago, IL 60619
Chatham NeighborhoodEstimated payment $990/month
Highlights
- 2 Car Detached Garage
- Laundry Room
- Dining Room
- Living Room
- Bungalow
- Family Room
About This Home
Full Rehab Opportunity - Unlock the Potential! Attention investors, rehabbers, and visionaries-this bank-owned brick home in Chicago is a rare opportunity to create something truly special. Completely gutted down to the studs, this property offers a blank canvas ready for your design and finishing touches. Featuring a spacious layout with 4 bedrooms, 2 bathrooms, a full basement, and a 2-car detached garage, the possibilities here are endless. The major demolition work has already been completed, allowing you to focus on bringing your vision to life without the added cost and time of teardown. This solid brick home offers a generous footprint with flexible layout options, including the potential to expand living space in the basement or create a duplex-down style design. Whether you're an investor looking to maximize return, a rehabber ready for your next project, or a buyer wanting to customize your dream home from the ground up, this property delivers incredible upside in a desirable Chicago location. Sold as-is and ideal for cash or renovation loans, this is your chance to transform a blank slate into a standout property. Bring your ideas, your contractor, and your vision-opportunities like this don't come around often.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,247
Year Built
- Built in 1924
Lot Details
- 4,792 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Bungalow
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,620 Sq Ft Home
- 1.5-Story Property
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Unfinished Attic
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,247 | $21,501 | $3,623 | $17,878 |
| 2024 | $4,247 | $21,501 | $3,623 | $17,878 |
| 2023 | $4,140 | $20,130 | $4,830 | $15,300 |
| 2022 | $4,140 | $20,130 | $4,830 | $15,300 |
| 2021 | $4,048 | $20,130 | $4,830 | $15,300 |
| 2020 | $2,796 | $12,553 | $3,864 | $8,689 |
| 2019 | $2,772 | $13,795 | $3,864 | $9,931 |
| 2018 | $2,725 | $13,795 | $3,864 | $9,931 |
| 2017 | $3,507 | $16,292 | $3,381 | $12,911 |
| 2016 | $3,901 | $19,479 | $3,381 | $16,098 |
| 2015 | $3,569 | $19,479 | $3,381 | $16,098 |
| 2014 | $3,422 | $18,445 | $2,898 | $15,547 |
| 2013 | $3,355 | $18,445 | $2,898 | $15,547 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $120,000 | -- | $74 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Chicago Title Land Trust Co | |
| Warranty Deed | $194,000 | Stewart Title Company | |
| Legal Action Court Order | -- | None Available | |
| Corporate Deed | $61,000 | Liberty Title & Escrow Co | |
| Deed | -- | Security First Title Co | |
| Quit Claim Deed | -- | Chicago Title Land Trust Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $412,800 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12602997
APN: 20-34-121-020-0000
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Ask me questions while you tour the home.