8331 S Merrill Avenue, Chicago IL 60617
$175,000

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Property Description

SPACIOUS 4-BEDROOM, 2-BATH HOME WITH INCREDIBLE VALUE-ADD POTENTIAL! Welcome to 8331 S. Merrill Avenue, nestled on a quiet residential block in Chicago's South Side community, just minutes from South Chicago Avenue and Jeffery Boulevard! This spacious home offers an exciting opportunity for homeowners and investors seeking generous living space, functional amenities, and the potential to build additional equity through strategic improvements. Featuring 4 bedrooms, 2 bathrooms, an exceptionally large first-floor primary bedroom, and a recently installed radiator (2025), this property offers flexibility and room to grow. The upper level presents an opportunity to create a luxurious primary suite, potentially incorporating a third bathroom or spacious walk-in closet. The basement offers even more possibilities, with opportunities to update the existing bedroom, enhance the common area and laundry space, and finish an additional bathroom, subject to applicable permits and approvals. Step outside and enjoy a generously sized backyard and detached 2-car garage, providing outdoor space for entertaining, recreation, and convenient off-street parking. Conveniently located near neighborhood shopping, dining, public transportation, parks, and major South Side thoroughfares, this property combines everyday accessibility with exciting possibilities for customization. MOVE IN, MAKE IT YOUR OWN, AND UNLOCK THE POTENTIAL! Whether you're searching for a spacious primary residence or a value-add investment opportunity, this property deserves a closer look. Schedule your private showing today!

Features & Information

Key Details

  • List Price $175,000
  • Property Taxes $1,692
  • Square Feet 0
  • Year Built 1923
  • Status Active
  • Market Time 7

Rooms

  • Total Rooms 7
  • Number of Bedrooms 3
  • Number of Bathrooms 2
  • Primary Bedroom

  • Room Size 20X20
  • Floor Level Main
  • Primary Bathroom None
  • Bedroom 2

  • Room Size 15X12
  • Floor Level Main
  • Bedroom 4

  • Room Size 12X12
  • Floor Level Basement
  • Living Room

  • Room Size 15X15
  • Floor Level Main
  • Dining Room

  • Room Size 12X12
  • Floor Level Main
  • Kitchen

  • Room Size 15X15
  • Floor Level Main

Additional Rooms

  • Laundry

  • Room Size 10X10
  • Floor Level Basement

Interior Features

  • Heating & Cooling

  • Heating Type Radiant
  • Air Conditioning Central Air

Exterior Features

  • Building Information

  • Age of Building 100+ Years
  • Recent Rehab No
  • Parking

  • # of Cars 2

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Take Stony Island Avenue To 83rd Street, Head East On 83rd Street To Merrill Avenue, Then Turn South On Merrill Avenue To The Property At 8331 S. Merrill Avenue.
  • Schools

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

  • Tax 1692
  • Tax Year 2023
  • Parcel Identification Number 20364020160000
  • Lot Information

  • Lot Size Less Than .25 Acre

Listed by Pierre Mason for AXEN Realty LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/29/2026 10:32 PM. 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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