8240 S Clyde Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $1,136/month
Total Views
4,660
7
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Excellent investment opportunity on a great block! This large brick 2-flat features spacious 3-bedroom units and a solid brick 2-car garage. The building offers strong upside potential for value-add investors. The finished basement-complete with front and rear exits, high ceilings and full bath-has deteriorated but provides a prime opportunity to restore and potentially convert into an income-producing 3rd unit (buyer to verify zoning/use). With the right vision and rehab, this property can deliver significant cash-flow and long-term equity growth. Property is V.A. owned & sold in "as is/where is" condition. Seller will make no repairs. Property was built prior to 1978 and lead based paint may potentially exist. This property may qualify for Seller Financing (Vendee). Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement, and the property may only be shown by appointment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,822
Year Built
- Built in 1927
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- 3,920 Sq Ft Lot
Community Details
- 2 Units
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $140,000 | -37.8% | -- | |
| 09/01/2016 09/01/16 | Sold | $225,000 | +4.7% | -- | View Prior Sale |
| 06/02/2016 06/02/16 | Pending | -- | -- | -- | |
| 05/29/2016 05/29/16 | For Sale | $215,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
About the Listing Agent
Often referred to as the “Fixer”, James is not your traditional Real Estate Broker. Recognized since 2006 as one of the Top 1% of Chicagoland Area Realtors by the Chicago Association of Realtors, his experience in the industry is far and wide.
James begins every transaction with a FREE and thorough consultation of benefits and disadvantages. If it’s not good for you, then it’s not good for him! Talk with James before making your next Real Estate move. He believes your most valuable
James' Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12526857
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 8228 S Clyde Ave
- 8157 S Chappel Ave
- 8150 S Clyde Ave
- 8336 S Merrill Ave
- 8214 S Paxton Ave
- 8206 S Jeffery Blvd Unit 6
- 8328 S Paxton Ave
- 8121 S Jeffery Blvd
- 8110 S Chappel Ave
- 2223 E 83rd St
- 8103 S Clyde Ave
- 8114 S Paxton Ave
- 8151 S Bennett Ave
- 8040 S Clyde Ave
- 8034 S Clyde Ave
- 8328 S Crandon Ave
- 8051 S Paxton Ave
- 8319 S Crandon Ave
- 8040 S Luella Ave
- 8025 S Euclid Ave
- 8416 S Euclid Ave
- 7957 S Clyde Ave Unit 2
- 7958 S Luella Ave Unit 1
- 7923 S Clyde Ave Unit Clyde SS 2
- 7926 S Paxton Ave Unit 2nd
- 2306 E 80th St Unit 1W
- 8617 S Bennett Ave
- 1904 E 79th St
- 8010 S Phillips Ave Unit 1
- 7842 S Bennett Ave Unit 1
- 8009 S Phillips Ave Unit 2
- 7811 S Euclid Ave Unit 1
- 1610 E 82nd St Unit 2N
- 8012 S Essex Ave Unit 3S
- 7914 S Ridgeland Ave
- 8001 S Essex Ave Unit 1
- 7846 S Cregier Ave Unit 3
- 7746 S Jeffery Blvd Unit 2
- 7953 S Essex Ave Unit 2
- 7830 S Yates Blvd Unit 4