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About the Listing 6932 - 31132
1ST TIME HOME BUYERS, INVESTORS & REHABBERS - SOUTH SHORE BUNGALOW PRICED TO SELL! 7646 S. Merrill Avenue | Chicago, IL 60649 | $259,900 | AS-IS Classic 2-story Chicago brick bungalow - brick first floor, vinyl siding second floor, asphalt shingle roof, detached 2-car garage. FIRST FLOOR: Foyer, formal living room, formal dining room, 2 bedrooms, 1 full bath, hardwood floors throughout, tile in kitchen and bath, enclosed porch off dining room and kitchen. SECOND FLOOR: 2 bedrooms, 1 full bath, sitting room, plus a dormer that can be converted into a 6th bedroom or primary suite, significantly increasing the value of the home after renovation. BASEMENT: Unfinished - 5th bedroom, half bath, utility and laundry room, storage room, and plenty of open space. Your opportunity to design and build exactly what you need. This is a 5-bedroom home with the potential to become a 6-bedroom after the dormer conversion. Similar homes in South Shore have sold for $280K-$390K. The Obama Presidential Center is minutes away. South Shore is a neighborhood on the rise - now is the time to BUY. FINANCING: This property is FHA 203(K) and VA Renovation loan eligible - buy it AND fund your full rehab in ONE loan, ONE closing, ONE payment. FHA 203(K): 3.5% down, 620 minimum credit score. VA: zero down, no PMI, flexible credit. First-time buyers - this is your opportunity to build real wealth through homeownership. Sold AS-IS. No repairs. Pre-approval or proof of funds required with all offers. Distressed/foreclosure sale - special warranty deed. Allow additional time for title clearance. Contact listing agent for viewing instructions. ChatGPT AI was used to review this narrative.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full / 1 Half
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Natural Gas,Radiator(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 4662
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Off Alley,No Garage,Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $2,971
- Taxes w/Assessments: N/A
- Tax/Property ID: 20254100320000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
7646 S Merrill Ave Chicago, IL 60649
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