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8916 South Eggleston AvenueChicago, IL 60620Price: $199,000

  • Price: $199,000
  • Est. Mortgage of $/month
  • 66 Days on Market
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Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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.
  • $199,000List Price
  • 4Bedrooms
  • 2Bathrooms
  • 1964Year Built
  • 1,939Square Feet

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Discover this ideal opportunity to customize your dream home or make a savvy investment with unbeatable equity potential in Auburn Gresham! Located at 8916 S. Eggleston, this solid brick, tri-level home offers impressive possibilities, making it a great choice for both owner-occupants and investors alike. Priced with the end-buyer in mind, this property allows for personal touches and upgrades while preserving generous equity for the future. Renovated, comparable single-family homes within a one-mile radius have recently sold for an average of $265,000! This spacious home spans over 1,900 square feet across three well-designed levels + a finished partial basement! Each level is thoughtfully laid out to maximize functionality and flow, featuring four generously sized legal bedrooms, two full bathrooms, and an expansive family room. The charming galley-style kitchen connects seamlessly to the open living and dining area, creating an ideal setup for daily living and entertaining. Notable updates include a brand-new tear-off roof on both the home and garage with new gutter guards (2023), updated electrical (2010), central air, forced heat, newly installed gas lines extending to the city street (2024), an annually serviced HVAC system, and a freshly painted exterior (August 2024). Additional 2024 updates include a new furnace, a new water heater, 17 ft of brand-new attic insulation, insulation behind basement walls, brand-new CO2 detectors throughout, updated vents in both bathrooms, and an oven range that automatically vents to the outside. With minimal cosmetic rehab needed, this property is ideal for an owner-occupant, FHA 203K buyer looking to add value! Uncover the original hardwood floors, protected under carpet for decades, and bring your vision to life by updating the kitchen, family room, and living/dining spaces with a contemporary color palette and 2024-2025 design touches. The possibilities are endless! This Auburn Gresham gem, complete with a spacious 2-car garage, sits on a well-kept block and has been lovingly maintained by two generations of the same family. Ideally located close to schools, shopping, and transit options, this property is perfect for buyers seeking convenience and community. Don't miss out on this Auburn Gresham opportunity-it's priced to sell and packed with future value potential! Property will be sold as-is. Certain fixtures, appliances, and furniture may not be included in the sale. Photos have been rendered to show the home empty, as it is currently owner-occupied. The property will be vacant by or before closing.

Property Details of 8916 South Eggleston Avenue

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Listed by Michael Applegate of Straight-A Realty,LLC

Based on information submitted to MRED  as of January 15, 2025 . 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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