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Listed by Juliette Davisof Northpoint Realty & Asset Mgmt
-
Est. payment /mo
4 Beds
2 Baths
1,982 SqFt
New
1032 W 88th ST Chicago, IL 60620
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Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 1,982 sqft
Subdivision Gresham
MLS Listing ID 12709239
Bedrooms 4
Full Baths 2
Year Built 1900
Annual Tax Amount $7
Tax Year 2024
Lot Dimensions 3762
Property Sub-Type Detached Single
Property Description
Discover the potential in this classic Auburn Gresham frame home, offering nearly 1,982 sq ft of interior space on a 3,762 sq ft lot. The property needs a full gut rehab, but the structure has solid bones, giving investors and developers a straightforward starting point for a complete redesign. If you estimate a good reno budget, this home can be rebuilt into a modern single-family layout that meets today's standards, open living areas, updated bedrooms, and a comfortable primary suite. The generous footprint provides flexibility for a thoughtful and functional floorplan. Recent neighborhood values support ARV resale potential in the $300K+ range, making this a practical value-add project for experienced buyers. With the right vision, this property offers a solid opportunity to create a refreshed single-family home in a steadily improving pocket of Auburn Gresham. Investment Highlights: * Neighborhood supports $300K+ ARV for fully renovated single-family homes * Nearly 2,000 sq ft to reconfigure into a modern floorplan * Strong lot size with room for outdoor space or parking * Suitable for fix and flip, BRRRR, or a full single-family rebuild.
Location
State IL
County Cook
Community Sidewalks, Street Lights, Street Paved
Rooms
Basement Crawl Space
Interior
Heating Natural Gas
Cooling None
Fireplace N
Appliance Refrigerator
Exterior
Garage Spaces 2.0
View Y/N true
Building
Lot Description Corner Lot
Story 2 Stories
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Frame
New Construction false
Schools
School District 299, 299, 299
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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