8240 South Clyde, Chicago IL 60617
- Units 2
- Total Beds 7
- Total Baths 3
- Taxes $4,821.80
- Payment Estimate View Mortgage Calculator
Request Private Showing
Property Description
Excellent investment opportunity on a great block! This large brick 2-flat features spacious 3-bedroom units and a solid brick 2-car garage. The building offers strong upside potential for value-add investors. The finished basement-complete with front and rear exits, high ceilings and full bath-has deteriorated but provides a prime opportunity to restore and potentially convert into an income-producing 3rd unit (buyer to verify zoning/use). With the right vision and rehab, this property can deliver significant cash-flow and long-term equity growth. Property is V.A. owned & sold in "as is/where is" condition. Seller will make no repairs. Property was built prior to 1978 and lead based paint may potentially exist. This property may qualify for Seller Financing (Vendee). Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement, and the property may only be shown by appointment.
Features & Information
Key Details
- List Price $140,000
- Property Taxes $4,821.80
- Price/ Sq. Ft. Unavailable
- Year Built 1927
- Parking Type Garage
- Status New
Rooms
- Total Rooms 15
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 91-100 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 Jeffery North Or South To 82nd St. East To Clyde. South To Property.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4821.80
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 20362250260000
Utilities
- Sewer Sewer-Publ
Listed by: JMRI Corp | Phone: 773.264.3234
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/4/2025 6:02 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.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.
