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4137 South Ellis AvenueChicago, IL 60653Price: $425,000

  • Price: $425,000
  • Est. Mortgage of $/month
  • 92 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $425,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 1997Year Built
  • 2,160Square Feet

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Discover the potential of this charming 3-bed, 2-bath single-family home, perfectly situated in an incredibly desirable neighborhood. An identical property at 3616 S. Ellis recently sold for $530k in May 2024, showcasing the value and potential of this home. With minor upgrades, you can quickly create $75k to $100k of equity, enhancing the value of your investment. This property is a fantastic investment opportunity, offering potential for monthly rental income or lucrative Airbnb earnings. Properly managed, single-family homes in this area generate $4k to $10k per month on Airbnb. Enjoy summer days with a leisurely walk to the lake, hosting BBQs from your open garage, or simply relaxing in your cozy home. The basement features 9-foot ceilings and incredible space, offering you the opportunity to finish it to your liking, adding even more value and livable area to the home. Located just 17 minutes from the Magnificent Mile, 6 minutes from Soldier Field, and less than 10 minutes from downtown Chicago, this home offers unbeatable access to the city's best attractions. With a little sweat equity, transform this house into your perfect cozy home!!!!! Don't miss this incredible opportunity! Schedule your private showing today and start envisioning your dream home.!!!!

Property Details of 4137 South Ellis Avenue

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Listed by David Thomas of Blue Door Dave Inc

Based on information submitted to MRED  as of October 10, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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