8240 S Clyde Avenue Chicago, IL $ 140,000
8240 S Clyde Avenue
$ 140,000
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8240 S Clyde Avenue

Chicago, IL, 60617
$ 140,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 862

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Multi-Family Home for sale in Chicago, IL

for $140,000 with 7 bedrooms and 3 full baths. This home was built in 1927 on a lot size of 0.09.

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.

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Multi-Family Pending

Price

$ 140,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,821

Style

Lot Size

0.09

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12526857

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1927
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status Pending
Directions Jeffery north or south to 82nd St. East to Clyde. South to property.
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 4821.8
Standard Status Pending
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 7
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 3989
Lot Size Acres 0.09
Waterfront Y/N N
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* Excluded Features
List By
Jmri Corp

Broker

realsite@ameritech.net

Email

Affordability Calculator

$1,264
Per Month
68%
32%
0%
Monthly Principal & Interest
$862
Monthly Property Taxes
$402
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$140,000 Listed Price

Map


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8240 S Clyde Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $140,000 with a lot size of 0.09. 8240 S Clyde Avenue has 7 bedrooms, 3.0 baths, and was built in 1927. The property's zip code is 60617 which is in Chicago, IL