8220 S Oglesby Ave., Chicago, IL 60617

8220 S Oglesby Ave., Chicago, IL 60617
Photo 1 of 29
$156,900
Sold on 8/22/23
Beds Baths Sq. Ft. Taxes Built
2 2.10 1,543 $2,414 1939
On the market: 55 days
View full details, 15 photos, school info, and price history
**TREMENDOUS EQUITY UPSIDE! + RECENT UPGRADES!** Attention Investors and FHA 203K buyers! SAY HELLO TO THIS GORGEOUS, BRICK, SFH IN SOUTH CHICAGO! This is a "no-brainer" fixer-up opportunity! Layouts include: 2 sizable bedrooms and 2.5 baths. ((Seller has recently performed light upgrades including a kitchen remodel, bathroom upgrade, brand new plumbing /w copper piping throughout, new wood vinyl flooring on the main level and removal of 2nd floor carpet to expose the natural wood floors.)) Other notable features include: stunning and emasculate exterior brickwork, spacious living and dining room, huge backyard, brick 2-car garage, newer windows throughout, gas burning fireplace, a main level bathroom, full basement bathroom, newer refrigerator, washer/dryer and 5 year old roof! This is a great opportunity for the visionary looking to plant their feet in the quickly developing South Chicago neighborhood with the aspiration to bring their personal touches and custom ideas to life! Perfect for an FHA 203K buyer willing to get this home in tip-top shape with a little TLC. EQUITY BUILT INTO THE LIST PRICE: This property recently appraised with an After Repair Value of $240,000! ~That's over $80,000 in equity potential!~ Finish the basement and add an additional bedroom and/or reconfigure the main level (with a potential rear addition) to add a square footage plus a 1st floor bedroom to achieve a potential 3-bed ARV of $315,000! This property sits on a very quiet and well maintained block with many other seasoned homeowners. Just minutes from Lake Michigan, Bike Paths, Jackson Park Golf Course, New Obama Library , Major Highways, public transportation, shopping and dining. Property is priced to sale and will be sold "AS-IS", no exceptions. This one will not last long! EZ to show! Schedule a showing today!
Listing courtesy of D'Andre Daye, Straight-A Realty, LLC