8241 South Saginaw, Chicago IL 60617
- Units 2
- Total Beds 4
- Total Baths 2
- Taxes $1,793
- Payment Estimate View Mortgage Calculator
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Property Description
Located in the sought-after South Shore, this solid, all brick two unit is an investors dream and at this value will not last long! This building has undergone a severe fire to the second floor unit, the first floor unit also has fire damage, this is a project for a seasoned investor but high risk = high reward! With back end values in the low $400K range this building is a great value add potential! Each unit offers two bedrooms per unit, with the roof missing the second floor unit can be duplexed up to add more space, duplex the first floor into the basement and BOOM there are two HUGE units! Located centrally between the Skyway and Lake Shore drive, this location is ideal. Tons of upside here, do not overlook this project and get inside today
Features & Information
Key Details
- List Price $89,900
- Property Taxes $1,793
- Price/ Sq. Ft. Unavailable
- Year Built 1919
- Parking Type None
- Status New
Rooms
- Total Rooms 10
- Basement F
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 None
- Unit 2 None
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property Yates North Of 83th To 82nd St, East To Saginaw, South To The Property
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1793
- Tax Year 2023
- Parcel Identification Number 21311280140000
Utilities
- Sewer Sewer-Publ
Listed by Ryan Smith for RE/MAX Properties | 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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