$239,000

Estimated payment $1,424/month

Total Views 7,285
5 Beds
2 Baths
2,200 Sq Ft
$109 Price per Sq Ft

Highlights

  • 0.29 Acre Lot
  • Bonus Room
  • Living Room
  • Traditional Architecture
  • Corner Lot
  • 3-minute walk to Robichaux Park

About This Home

Fully Renovated 5-Bedroom Property + RARE 4-LOT ASSEMBLAGE! Exceptional development opportunity in Chicago's emerging Brainerd corridor. This completely renovated turnkey property sits on a rare 4-lot assemblage, offering immediate income potential PLUS significant future development upside for experienced or emerging developers. LAND OPPORTUNITY - THE REAL STORY: Oversized lot includes 3 ADDITIONAL parcels Massive development potential for multi-unit, mixed-use, or land banking Rare assemblage in emerging South Side corridor Hold and operate current property while planning future development Perfect for developers seeking entry into Chicago's high-growth South Side market CURRENT PROPERTY FEATURES: 5 bedrooms + flex office/bonus room 2 completely updated bathrooms All-new systems: HVAC, water heater, energy-efficient windows Formal living/dining rooms with modern fixtures Full basement for storage/additional living space Brick 2-car garage + covered parking port Brand new security system with cameras Solar flood lights on house and garage Zero deferred maintenance - turnkey STRATEGIC LOCATION: 87th Street commercial corridor with strong retail/dining activity Direct access to Dan Ryan Expressway (I-57) for easy downtown commute Metra Rock Island Line proximity Established schools: Brainerd Elementary, Morgan Park High School Parks and recreation within walking distance MULTIPLE VALUE-ADD STRATEGIES: Developers: Hold income-producing property while securing permits for future development Investors: Strong rental cash flow on existing improved property House Hackers: Live-in while renting rooms for immediate income Family Home: Spacious residence with exceptional outdoor space Land Bank: Secure oversized lot in appreciating South Side market FINANCING OPTIONS: Qualifies for FHA, VA, and conventional financing for both owner-occupants and investors. This rare opportunity combines immediate turnkey rental income with long-term development potential. The 4-lot assemblage positions savvy investors and developers to capitalize on Chicago's South Side growth trajectory. Ready to explore the possibilities? Contact us for lot surveys, development analysis, rent comps, and private showing

Listing Agent

Brittany Ramsey

Keller Williams ONEChicago License #475173381 Listed on: 12/11/2025

Keller Williams ONEChicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x123
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Steel Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,049

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • LivingArea: 2200
  • Room Type: Bonus Room, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding, Steel Siding
  • Fencing: Fenced
  • Lot Features: Corner Lot, Level
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Off Alley, Off Street, Driveway, Garage
  • ParkingTotal: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.287
  • Lot Dimensions: 100x123
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2048.56
  • 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 $2,049 $20,825 $12,700 $8,125
2023 $1,976 $13,000 $6,935 $6,065
2022 $1,976 $13,000 $6,935 $6,065
2021 $1,950 $13,001 $6,937 $6,064
2020 $1,415 $9,439 $9,375 $64
2019 $1,211 $9,439 $9,375 $64
2018 $1,189 $9,439 $9,375 $64
2017 $2,007 $12,677 $8,125 $4,552
2016 $2,545 $12,677 $8,125 $4,552
2015 $2,329 $12,677 $8,125 $4,552
2014 $2,387 $12,834 $7,500 $5,334
2013 $2,340 $12,834 $7,500 $5,334
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 For Sale $239,000 -- $109 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Pntn
Warranty Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,000 New Conventional
Closed $68,350 FHA
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12531833

Midwest Real Estate Data (MRED)

APN: 25-04-306-054-0000