8240 S Clyde AVE, Chicago, IL 60617
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8240 S Clyde AVE, Chicago, IL 60617
8240 S Clyde AVE, Chicago, IL 60617
8240 S Clyde AVE, Chicago, IL 60617
8240 S Clyde AVE, Chicago, IL 60617

$159,000

Est. payment /mo

$140,000

13.6%
Est.Price: ?

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8240 S Clyde AVE Chicago, IL 60617

7 Beds

3 Baths

3,920 Sqft Lot

SOLD DATE : 02/06/2026

Key Details

Sold Price $159,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12526857

Sold Date 02/06/26

Bedrooms 7

Year Built 1927

Annual Tax Amount $4,821

Tax Year 2024

Lot Size 3,920 Sqft

Lot Dimensions 3989

Property Sub-Type Two to Four Units

Property Description

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

State IL

County Cook

Area Chi - South Chicago

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition REO/Lender Owned

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Midwest Real Estate Data (MRED) IDX
Listed by James Morris of  JMRI Corp 
Bought with Milton Nivose of RE/MAX Top Performers

NEARBY SCHOOLS & BUSINESSES

Lorenzo Sanchez

Lorenzo Sanchez

+1(773) 419-1724

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