8043 South Saginaw, Chicago IL 60617
$115,999

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Property Description

South Chicago/South Shore Great opportunity in the up-and-coming South Chicago/South Shore area! This Split-Level Ranch features 4 bedrooms, 2 bathrooms, plus a den, along with a living room, dining room, and kitchen. Recent improvements include a new roof and new furnace installed within the past year. The hot water tank is also newer-installed just under two years ago. Currently occupied by long-term Section 8 tenants on a month-to-month lease. Tenants are responsible for their own heating, cooking gas, and electricity. The home is in need of some updates, but it's a solid property with great investment potential. Location is key! The home offers easy access to South Shore Drive/Highway 41 and is not far from the Dan Ryan Expressway (I-90/94), making commuting and travel convenient. Located just minutes from the future Illinois Quantum & Microelectronics Park and the Obama Presidential Center, this is a promising opportunity in a growing area. Seeking serious buyers-cash buyers preferred. Tenants will remain with the property. Showings require 48 hours' notice. No showings on Sundays. Buyer is responsible for survey.

Features & Information

Key Details

  • List Price $115,999
  • Property Taxes $1,234
  • Square Feet 3125
  • Price/ Sq. Ft. $37.12
  • Year Built U
  • Parking Type None
  • Status New

Rooms

  • Total Rooms 8
  • Basement P
  • Master Bedroom

  • Master Bath N
  • Room Size 13X8
  • Bedroom 2

  • Room Size 10X8
  • Floor Level 2nd Level
  • Bedroom 3

  • Room Size 10X10
  • Floor Level 2nd Level
  • Bedroom 4

  • Room Size 9X17
  • Floor Level Lower
  • Living Room

  • Room Size 17X12
  • Floor Level Main Level
  • Dining Room

  • Room Size 11X10
  • Floor Level Main Level
  • Kitchen

  • Room Size 9X9
  • Floor Level Main Level
  • Basement

  • Basement Description Finished
  • Bathroom(s) in Basement Y

Additional Rooms

Interior Features

  • Heating & Cooling

  • Heating Type Gas
  • Air Conditioning Central Air

Exterior Features

  • Building Information

  • Age of Building 51-60 Years
  • Exterior Construction Brick
  • Parking

  • Parking None
  • # of Cars 0

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property East On 79th St- Turn Right On To Saginaw South To 8043
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 1234
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 21311130180000
  • Lot Information

  • Dimensions 25X125

Utilities

  • Sewer Sewer-Publ

Listed by Joan Cox for JC Cox Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/30/2025 4:32 AM. 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.

Explore South Chicago

In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.

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