Chicago, IL 60617 8241 S Saginaw Avenue

8241 S Saginaw Avenue Chicago, IL - Image 18241 S Saginaw Avenue Chicago, IL - Image 28241 S Saginaw Avenue Chicago, IL - Image 3
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8241 S Saginaw Avenue Chicago, IL - Image 48241 S Saginaw Avenue Chicago, IL - Image 5
Presented By: RE/MAX Properties
  • MLS# 12349331
  • 04/27/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2

Home Details

Located in the sought-after South Shore, this solid, all brick two unit is an investors dream and at this value will not last long! This building has undergone a severe fire to the second floor unit, the first floor unit also has fire damage, this is a project for a seasoned investor but high risk = high reward! With back end values in the low $400K range this building is a great value add potential! Each unit offers two bedrooms per unit, with the roof missing the second floor unit can be duplexed up to add more space, duplex the first floor into the basement and BOOM there are two HUGE units! Located centrally between the Skyway and Lake Shore drive, this location is ideal. Tons of upside here, do not overlook this project and get inside today
Presented By: RE/MAX Properties

Interior Features for 8241 S Saginaw Avenue

Bedrooms

Bedrooms Possible4
Total Bedrooms4

Bathrooms

Full Baths Building2
Half Baths Building
Total Baths2

Other Interior Features

BasementUnfinished, Full
Total Number of Units2

General for 8241 S Saginaw Avenue

CityChicago
Construction MaterialsBrick
CountyCook
DirectionsYates North of 83th to 82nd St, East to Saginaw, south to the property
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - South Chicago
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount1793
Tax Year2023
Total Rooms10
TownshipHyde Park
Waterfront Y/NNo
Year Built1919

Exterior for 8241 S Saginaw Avenue

Lot Dimensions32 X 124
Total Parking0
Water SourcePublic

Additional Details

Price History

Client Care

Price $89,900
MLS#12349331
List Date 04/27/2025
Property Type Multi-Family
Phone 847.485.2500
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