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8109 South Chappel AvenueChicago, IL 60617Price: $145,000

  • Price: $145,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.18% last updated on Nov 5, 2026
* 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.
  • $145,000List Price
  • 4Bedrooms
  • 3Bathrooms
  • 1923Year Built
  • 1,400Square Feet

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Investor Special / Equity Opportunity in South Shore! Significant preliminary renovation work already completed: full interior redesign, new framing for a master walk-in closet, expanded kitchen layout, initial rough plumbing, and drywall hung throughout. The heavy lifting has already begun: the property has been completely demoed with all-new framing completed throughout. It is uniquely set up to easily accommodate a dual-zone heating and cooling system. All-new main windows have been installed around the home, and new glass block windows are included with the sale.Property experienced a break-in resulting in missing copper wiring/piping and partial electrical disruption-priced accordingly at $145,000 for a quick sale. Strong comps in the immediate area support an ARV (After Repair Value) of $310,000+ with an estimated $95k completion budget, offering $75k-$80k+ potential profit margin. Sold As-Is / Cash preferred.

Property Details of 8109 South Chappel Avenue

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Listed by Steven Rouse of Keller Williams Preferred Realty

Based on information submitted to MRED  as of November 11, 2026 . 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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