1 month on rocket

Backup Offers

8240 S Crandon Ave, Chicago, IL, 60617

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,000 SqFt
$88/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

8240 S Crandon Ave, Chicago$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1952
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceWood Burning
MLS #12194873
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Contingent)

About 8240 S Crandon Ave

Captivating Brick 2-Story with Massive Equity Upside in South Chicago! This spacious 2-story brick home offers over 2,000 sq. ft. of living space, featuring 3 large bedrooms, 1.5 baths, original hardwood floors, high ceilings, and an open, sun-filled layout centered around a wood-burning fireplace. The spacious eat-in kitchen features dual ovens, a gas stovetop, dishwasher, ample cabinetry, and new tile flooring, with plenty of room to add your personal touches! Upstairs, you'll find generously sized bedrooms, including a primary bedroom with a walk-in closet. Other noteworthy features and recent improvements such as central A/C, forced heat, recently serviced furnace, a newer hot water tank, updated windows throughout, and recent plumbing upgrades provide a solid foundation for future improvements. The unfinished basement, with over 8 ft. of ceiling clearance, offers endless possibilities-whether you're looking to create extra bedrooms, add a second bathroom, or design a custom entertainment space. The basement's generous size and easy access to the main sewer stack make any upgrades both seamless and value-boosting! Outside, the beautifully maintained brickwork is sure to catch the eye of anyone who appreciates fine craftsmanship and attention to detail. The privately fenced backyard is perfect for gatherings or gardening, and the one-car garage completes the property. Based on recent comparable sales of fully renovated homes within a one-mile radius and sold within the last 6 months, the after-repair value (ARV) is estimated at $342,000, making this a prime investment opportunity for the visionaries ready to tap into this properties significant equity upside potential! This property is ideal for owner occupying buyers ready to add their finishing touches or investors eager to maximize their returns and unlock its full potential. Conveniently located near shopping, parks, restaurants, public transit, and major expressways, this home combines great location with long-term value and appreciation. Property sold as-is. Schedule your showing today and seize the opportunity in South Chicago!

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Straight-A Realty, LLC
  • Office Phone: (630) 288-2446
  • Listing Agent: Michael Applegate

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Refrigerator, Cooktop, Oven, Range Hood, Gas Cooktop, Gas Oven
  • Basement: Yes
  • Interior: Hardwood Floors, Ceiling - 10 Foot, Replacement Windows
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Storms/Screens

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take 83rd street E/W to Crandon and north to 8240

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $88/SqFt

Tax Information:

  • Annual Amount: $2,905
  • Tax Year: 2019
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Chicago, IL.

Map thumbnail provided by MapBox

Chicago, IL

City

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

8240 S Crandon Ave vs Chicago

59 DAYS ON ROCKET

+26 Days

$175,000

-$188.9K Less

$88/SqFt

-$173 Less

KEY TAKEAWAY

This property is $188.9K less than the Median Sold Price and $173/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12194873

Listing Office:

  • Office Name: Straight-A Realty, LLC
  • Office Phone: (630) 288-2446
  • Listing Agent: Michael Applegate

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 3:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$2,905$17,889
2018$2,855$17,889
2017$3,494$19,608

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1005819
5
/10

  • Hoyne Elementary School

  • 8905 S Crandon Ave

  • 0.81 miles

  • Public District Grades KG-6

school-card-donut-1005820
7
/10

  • McDowell Elementary School

  • 1419 E 89th St

  • 1.37 miles

  • Public District Grades KG-5

school-card-donut-1005821
7
/10

  • Earhart Options for Knowledge Elementary School

  • 1710 E 93rd St

  • 1.48 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,726. Typical income of Chicago, IL residents is between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8240 S Crandon Ave

What is the listing price of this property?

The listing price of 8240 S Crandon Ave property is $175,000.

What type of property is this?

The property 8240 S Crandon Ave is a house located in Chicago, Illinois, 60617.

Is this property for sale now?

Accepting Backup Offers: 8240 S Crandon Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,905 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8240 S Crandon Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8240 S Crandon Ave is 2,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8240 S Crandon Ave is 1952.

Rocket Homes›Illinois›Cook County›Chicago›60617›8240 S Crandon Ave

This home is located at 8240 S Crandon Ave in Chicago, IL and zip code 60617 in the Far Southeast Side neighborhood. This 2,000 square foot home, which was built in 1952, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $175,000.

In November 2024, from all listings sold in Chicago, IL there were more than 521 sold above asking price, over 845 sold below and more than 254 were sold right at the asked price. The number of homes for sale in Chicago, IL increased by 2.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 33 days, the median list price was $363,936.

From Rocket Homes Real Estate and based on county public records data.

More Resources