Price Reduced Listing
7646 S Merrill Avenue,Chicago, IL 60649
Chicago, IL 60649
Description
1ST TIME HOME BUYERS, INVESTORS & REHABBERS - SOUTH SHORE BUNGALOW PRICED TO SELL! 7646 S. Merrill Avenue | Chicago, IL 60649 | $259,900 | AS-IS Classic 2-story Chicago brick bungalow - brick first floor, vinyl siding second floor, asphalt shingle roof, detached 2-car garage. FIRST FLOOR: Foyer, formal living room, formal dining room, 2 bedrooms, 1 full bath, hardwood floors throughout, tile in kitchen and bath, enclosed porch off dining room and kitchen. SECOND FLOOR: 2 bedrooms, 1 full bath, sitting room, plus a dormer that can be converted into a 6th bedroom or primary suite, significantly increasing the value of the home after renovation. BASEMENT: Unfinished - 5th bedroom, half bath, utility and laundry room, storage room, and plenty of open space. Your opportunity to design and build exactly what you need. This is a 5-bedroom home with the potential to become a 6-bedroom after the dormer conversion. Similar homes in South Shore have sold for $280K-$390K. The Obama Presidential Center is minutes away. South Shore is a neighborhood on the rise - now is the time to BUY. FINANCING: This property is FHA 203(K) and VA Renovation loan eligible - buy it AND fund your full rehab in ONE loan, ONE closing, ONE payment. FHA 203(K): 3.5% down, 620 minimum credit score. VA: zero down, no PMI, flexible credit. First-time buyers - this is your opportunity to build real wealth through homeownership. Sold AS-IS. No repairs. Pre-approval or proof of funds required with all offers. Distressed/foreclosure sale - special warranty deed. Allow additional time for title clearance. Contact listing agent for viewing instructions. ChatGPT AI was used to review this narrative.
Details
| MLS # | 12650798 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1921 |
| Days On Site | 108 |
| Listing Provided By | BEL-AM REALTY | Clifford Cadle |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,394 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.11 |
Interior
| Rooms Total | 9 |
|---|---|
| Cooling | Window Unit(s) |
| Heating | Natural Gas, Radiator(s) |
Exterior
| Exterior Features | Other |
|---|---|
| Roof | Asphalt |
| Foundation Details | Concrete Perimeter |
| Construction Materials | Vinyl Siding, Brick |
| Fencing | Fenced, Chain Link |
Parking
| Parking Features | Off Alley, No Garage, Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks, Street Lights |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 2971 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60649 |
| Area | CHI South Shore |
| School District | Chicago Vocational Career Acad S |
| Elementary School | Bouchet Elementary School Math & |
| High School | Chicago Vocational Career Acad S |
| Listing VS Median (in 60649) | |
Price: $238,000 low | high Med: $88,750 sqft: 1,394 low | high Med: 1,120 $ / sqft: $171 low | high Med: $89 On site: 108 low | high Med: 52 | |
Market Activity 60649
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60649 |
| Area | CHI South Shore |
| School District | Chicago Vocational Career Acad S |
| Elementary School | Bouchet Elementary School Math & |
| High School | Chicago Vocational Career Acad S |
| Listing VS Median (in 60649) | |
Price: $238,000 low | high Med: $88,750 sqft: 1,394 low | high Med: 1,120 $ / sqft: $171 low | high Med: $89 On site: 108 low | high Med: 52 | |
