$159,000
3
Beds
⋅
2
Baths
⋅
12006028
MLS
⋅
NEW
Status
**INCREDIBLE POTENTIAL! + HUGE EQUITY UPSIDE!+ RECENT UPGRADES!** Attention Investors and FHA 203K buyers! Don't miss out on this amazing opportunity to own a Chicago staple-a brick bungalow home located at 7920 Euclid Avenue, Chicago, IL. Boasting an estimated 1900 square feet in living space, this beautiful, sizable and well-kept, 3 bed/1.5 bath home is brimming with potential and offers numerous recent upgrades, making it a prime investment opportunity in a well-maintained neighborhood. Perfect for a custom and light renovation project for an owner-occupying Buyer. Step inside this charming home to discover a sun-filled and formal living and dining room area, complete with hardwood floors throughout, creating a warm and inviting atmosphere. The spacious front sunroom and enclosed porch provide additional living space and a perfect spot to relax and unwind. The property features a full-sized, 7 feet+ height, very dry and finished, walk-out basement with an additional and legal bedroom + a half bath! This basement area offers ample storage space and potential for additional living areas. Additionally, the full-sized attic provides even more room to expand and customize to your liking. Recent upgrades include some replaced windows in 2018, attic insulation added in 2019, some electrical upgrades in 2006, and a complete roof tear-off in 2020, ensuring the home's efficiency and longevity. The plumbing received a brand new copper line from the street at the end of 2023, providing peace of mind for years to come. The hot water tank is serviced annually, and the furnace receives maintenance every year, with the latest in February 2023. Outside, you'll find a sizable backyard and a nice-sized wooden back deck, perfect for outdoor gatherings and enjoying the fresh air. The new siding installed in 2001 adds to the home's curb appeal and durability. Property also comes equipped with an easy access, off-alley, detached, 1-car garage! Generous equity upside! Comparable three-bedroom one-bath properties in the area have sold for upwards of $290,000 within the past 12 months, highlighting the potential for significant appreciation. Further increase this potential by finishing up the basement and attic to increase the properties for print and bedroom count! Situated on a quiet block with many seasoned homeowners, just minutes away from Lake Michigan, Bike Paths, Jackson Park Golf Courses, the New Obama Library, major highways, public transportation, shopping, and dining. Property has been sold "AS-IS," with no exceptions. This property is perfect for a buyer with a vision and willingness to put in some tender, loving care. Priced to sell and offering endless possibilities, this opportunity won't last long! Schedule a showing today and make your move towards homeownership or investment success! - 360 virtual tour, rendered photos and floor plan are included to better assist with visualizing the property's layout and rehab potential! -
7920 S Euclid Avenue, Chicago