155 W 81st Street
Chicago, IL, 60620 $ 247,500
Bedrooms4 Baths1.1 Sq 2,270 Monthly Estimate*
$ 1,709
for $247,500 with 4 bedrooms and 1 full bath, 1 half bath. This 2,270 square foot home was built in 1961.
OPPORTUNITY KNOCKS IN WEST CHATHAM! Discover the potential of this spacious 4-bedroom brick raised ranch situated on a desirable corner lot in Chicago's established West Chatham neighborhood! Offering classic character, generous living space, and exceptional versatility, this property presents an exciting opportunity for investors, savvy buyers, and those looking to create a home tailored to their personal vision. Originally designed as a 5-bedroom home, the property currently offers 4 bedrooms with the potential to restore the original fifth bedroom configuration, subject to appropriate improvements and approvals. Adding more flexibility. Whether you prefer additional bedroom space, an oversized primary retreat, a home office, or a multifunctional living area, the possibilities are yours to explore! Step inside and appreciate the beautiful hardwood flooring, comfortable living areas, and functional layout that offers both character and opportunity. The finished lower level further expands the home's versatility, featuring additional recreational and entertainment space complete with a bar area. Imagine a cozy media lounge, game room, fitness area, home office, or the ultimate gathering space for family and friends! Additional highlights include a fenced yard, a detached two-car garage, a prominent corner-lot setting, and the timeless appeal of brick construction. For investors, this property presents an opportunity to explore value-add improvements and long-term investment potential. For owner-occupants, it offers the flexibility to personalize the space, enhance its functionality, and create a home that evolves with their needs. Sold As-Is. Conveniently situated near shopping, dining, parks, public transportation, and major commuter routes, this West Chatham property offers a compelling combination of location, space, and possibilities. ONE HOME. MULTIPLE POSSIBILITIES. ENDLESS POTENTIAL! Whether your vision is to restore, refresh, personalize, or invest, this beautiful home is ready for its next chapter. Schedule your private showing today and discover the opportunity waiting behind the door!
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FeaturesGeneralLiving Area 2270
Sewer Public Sewer
Heating Gas
Cooling Central Air
Possession Closing
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch
Construction Materials Brick
Year Built 1961
Township Hyde Park
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 8
Full Baths 1
Status Active
Directions Take Exit 61A for 79th Street. Turn right (west) onto W 79th Street. Turn left (south) onto S Princeton Avenue. Turn right (west) onto W 81st Street the destination will be on your left
City Chicago
High School District 299
MLS Area CHI - Chatham
Tax Annual Amount 2500.9
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Daylight
Half Baths 1
Total Bedrooms 4
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 4
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ExteriorParking Features Yes Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 3703
Waterfront Y/N N
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
brittiany.jones@cbrealty.com;Brittiany.Jones@cbrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,709
- Monthly Property Taxes
- $208
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Chicago, IL
Average List Price $559,826
Percent of Sale Price 126%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/2/2026 | $247,500 | -0.60% | Price Down |
| 10/14/2026 | $249,000 | -0.36% | Price Down |
| 10/5/2026 | $249,900 | -5.70% | Price Down |
| 9/17/2026 | $265,000 | -8.59% | Price Down |
| 9/11/2026 | $289,900 | | Listed Price |