8331 S Merrill Avenue Chicago, IL $ 175,000
8331 S Merrill Avenue
$ 175,000
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8331 S Merrill Avenue

Chicago, IL, 60617
$ 175,000
Bedrooms4 Baths2.0 Sq 2,544

Monthly Estimate*

$ 1,209

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Single Family Home for sale in Chicago, IL

for $175,000 with 4 bedrooms and 2 full baths. This 2,544 square foot home was built in 1923.

SPACIOUS 4-BEDROOM, 2-BATH HOME WITH INCREDIBLE VALUE-ADD POTENTIAL! Welcome to 8331 S. Merrill Avenue, nestled on a quiet residential block in Chicago's South Side community, just minutes from South Chicago Avenue and Jeffery Boulevard! This spacious home offers an exciting opportunity for homeowners and investors seeking generous living space, functional amenities, and the potential to build additional equity through strategic improvements. Featuring 4 bedrooms, 2 bathrooms, an exceptionally large first-floor primary bedroom, and a recently installed radiator (2025), this property offers flexibility and room to grow. The upper level presents an opportunity to create a luxurious primary suite, potentially incorporating a third bathroom or spacious walk-in closet. The basement offers even more possibilities, with opportunities to update the existing bedroom, enhance the common area and laundry space, and finish an additional bathroom, subject to applicable permits and approvals. Step outside and enjoy a generously sized backyard and detached 2-car garage, providing outdoor space for entertaining, recreation, and convenient off-street parking. Conveniently located near neighborhood shopping, dining, public transportation, parks, and major South Side thoroughfares, this property combines everyday accessibility with exciting possibilities for customization. MOVE IN, MAKE IT YOUR OWN, AND UNLOCK THE POTENTIAL! Whether you're searching for a spacious primary residence or a value-add investment opportunity, this property deserves a closer look. Schedule your private showing today!

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Single Family Active

Price

$ 175,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 1,692

Style

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12782241

Features
General
Living Area 2544
Sewer Public Sewer
Heating Radiant
Cooling Central Air
Possession Closing
Garage Spaces 2
Association Fee Includes None
Construction Materials Brick
Year Built 1923
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 7
Full Baths 2
Status New
Directions Take Stony Island Avenue to 83rd Street head east on 83rd Street to Merrill Avenue then turn south on Merrill Avenue to the property at 8331 S. Merrill Avenue.
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 1692
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Half Baths 0
Total Bedrooms 3
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 4
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Exterior
Parking Features Yes Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 3750
Waterfront Y/N N
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* Excluded Features
List By
Axen Realty Llc

Broker

jpmsolutionsinc@gmail.com

Email

Affordability Calculator

$1,350
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,209
Monthly Property Taxes
$141
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2026$175,000 Listed Price

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8331 S Merrill Avenue, Chicago, IL, 60617 is a Single Family Home for sale at $175,000 with 2,544 sqft. 8331 S Merrill Avenue has 4 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 60617 which is in Chicago, IL