Sara Carlson
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Discover the potential in this classic Auburn Gresham frame home, offering nearly 1,982 sq ft of interior space on a 3,762 sq ft lot. The property needs a full gut rehab, but the structure has solid bones, giving investors and developers a straightforward starting point for a complete redesign. If you estimate a good reno budget, this home can be rebuilt into a modern single-family layout that meets today's standards, open living areas, updated bedrooms, and a comfortable primary suite. The generous footprint provides flexibility for a thoughtful and functional floorplan. Recent neighborhood values support ARV resale potential in the $300K+ range, making this a practical value-add project for experienced buyers. With the right vision, this property offers a solid opportunity to create a refreshed single-family home in a steadily improving pocket of Auburn Gresham. Investment Highlights: * Neighborhood supports $300K+ ARV for fully renovated single-family homes * Nearly 2,000 sq ft to reconfigure into a modern floorplan * Strong lot size with room for outdoor space or parking * Suitable for fix and flip, BRRRR, or a full single-family rebuild.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,982
Garage Size: 2
Built in 1900
School District: District 299
General Information
Bedrooms: 4
Bathrooms: 2
Sqft: 1,982
County: Cook
Subdivision: Gresham
Listed By:
Northpoint Realty & Asset Mgmt
312-253-7350
MRED MLS
MLS ID: 12709239
Room Information
Bedroom 2: 8X10
Bedroom 3: 8X10
Bedroom 4: 8X10
Dining Room: 10X12
Kitchen: 10X10
Living Room: 10X12
Primary Bedroom: 8X10
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1032 W 88th Street, Chicago, IL 60620.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $155,000 | $155,000 | $155,000 |
| Down Payment | $31,000 | $5,425 | $38,750 |
| Monthly Mortgage Amount | $774 | $937 | $965 |
| Taxes | $216 | $216 | $216 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $68 | $0 |
| Monthly Estimated Total | $1,090 | $1,321 | $1,281 |
Sara Carlson
REALTOR®
REALTOR®, ASP, CRS, E-PRO, HMS
Office: (563) 264-0240
Cell: (563) 506-0241
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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