Chicago, IL 60620
$155,000

Mark Quesada
Broker / Owner
LIC #475144827
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.
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$1,144/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Juliette Davis, Northpoint Realty & Asset Mgmt
MLS# MRD12709239 · Active
Interior
Construction
Lot & parking
Utilities
$250,000
Median sale price
42 days
Avg days on market
99.1% of list
Sells for
Closed sales in 60620 over the last 6 months, all home types.
History reflects records reported to the MLS and may be incomplete.
Actual closed sales from the MLS — not estimates.