Sold

8240 S Clyde Avenue, Chicago, IL 60617

Beds
7
Baths
3
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byJMRI Corp
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
7
Number of bathrooms
3
Lot size (acres)
0.09
Year built
1927

Interior features

Basement
Yes, Finished

Garage and parking

Garage parking spaces
2

Utilities

Heating
Natural gas
Sewer
Public sewer

Taxes

Tax Annual Amount (2024)
$4,821.80

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12526857 Last checked:

Based on information submitted to the MLS GRID as of . 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.