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$160,000   Price Analysis
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8142 S Merrill Ave
Chicago, IL 60617
2 bed 2 bath 1,163 SqFt ($137/SqFt)
3,750SqFt lot. Built 1924
Listed 2024-05-16, Taxes $2,547
Ⓧ USDA Ineligible
due to location

near Chicago

SOLD AS-IS.

* Has Contingent Offer *

NO FHA, but FHA 203K, CONVENTIONAL and CASH Buyers Welcome with their ideas. Bring your buyers to explore the limitless opportunities and potential within this charming single-family brick home. Featuring a roomy basement and an unfinished attic, this property offers ample space for customization and improvement. The home boasts good bones, providing a solid foundation for your remodeling projects or you can complete minor updates and move in. Enjoy the enclosed patio and the well-maintained ba ckyard, perfect for outdoor activities and relaxation.

This home is an excellent canvas for buyers looking to add their personal touch and create their dream home. Don't miss out on this fantastic opportunity to transform this property into a pretty and comfortable living space. There are two bedrooms on the main level of the hme, with a third bedroom in the basement that the seller currently uses as an art studio.The property is priced to sell based on its current condition. Additionally, for an extra $1515 on top of the purchase price, the seller is prepared to leave behind some home items to assist the next homeowner (see list from your agent). Please note, the seller might need a 1 to 2 month leaseback from the buyer. ROOF and WATER HEATER is roughly 8 to 10 years old. Contemporary chimney above roof line + new inner lining of chimney. Garage needs extensive repair.


Presented by Zainab B. Sip at
Z.A.S. Consulting, Inc.
Listing Agent Photo

Property MLS #12058575 from MRED

Bedrooms: 2
Bedrooms Possible: 3
Bedrooms On Basement Level: 1
Primary Bedroom Dimensions: 13 x 9
Bedroom 2 Dimensions: 12 x 9
Bedroom 3 Dimensions: 12 x 9
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Basement

Total Rooms: 7
Attic
Attic: 21 x 13
Attic Level: Attic
Laundry: 8 x 9
Laundry Level: Basement
Basement Features: Full
Living Room Dimensions: 21 x 13
Living Room Level: Main
Basement Description: Partially Finished

Total Bathrooms: 2
Full Bathrooms: 2

Hardwood Floors

Yes
Laundry Features: In Unit

Heating Features: Natural Gas

Dining Area Dimensions: 15 x 12
Dining Area Level: Main
Kitchen Dimensions: 15 x 12
Kitchen Level: Main

Lot Size Acres: 0.0860882
Lot Size Dimensions: 30X125
Lot Size Square Feet: 3750

Garage Spaces: 2
Garage Description: Detached
Parking Total: 2

Elementary School District: 299
High School District: 299

Mann Elementary School is a public elementary and middle school located approximately 0.2 miles away.
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Chicago Vocational Career Academy High School is a public high school located approximately 0.6 miles away.
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Sullivan House High School is a private high school located approximately 0.3 miles away.
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Community Features: Sidewalks, Street Lights, Street Paved

Annual Tax Amount: 2587.19
Source Listing Status: Active Under Contract
County: Cook
Directions: Jefferey To 83rd, East To Merrill
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 20362180320000
Township: Hyde Park
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$11,012 + $4,987
$15,999
$2,547
2020$7,875 + $3,591
$11,466
$1,863
2019$9,149 + $3,591
$12,740
$1,870
2018$9,149 + $3,591
$12,740
$1,837
2017$10,496 + $3,192
$13,688
$2,219
2016$10,496 + $3,192
$13,688
$2,241
2015$10,496 + $3,192
$13,688
$2,027
2014$10,318 + $2,793
$13,111
$1,956
2013$10,318 + $2,793
$13,111
$1,906
2012$10,318 + $2,793
$13,111
$1,904
2011$10,374 + $3,591
$13,965
$1,935
2010$10,374 + $3,591
$13,965
$1,940
2009$10,374 + $3,591
$13,965
$1,701
2007$12,704 + $3,192
$15,896
$1,604
2006$12,704 + $3,192
$15,896
$2,281

Listed 2024-05-16
$160,000
MRED
Sold 2006-06-20
$155,000
Public Record
Sold 1998-12-07
$150,000
Public Record
Sold 1993-12-29
$60,000
Public Record

Total Square Feet Living: 1163
Year Built: 1924
Attic: Unfinished
Property Age: 100
Levels or Stories: 1

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.