About This Home
This 4-bedroom, 2-bathroom single family at 1032 W 88th Street in Chicago, IL is listed for $155,000 ($78 per sqft). Built in 1900, the home offers 1,982 sqft of living space on a N/A lot.
Key Features
- Built in 1900
- 2 stories
- 2 parking spaces
Property Details
Discover the potential in this classic Auburn Gresham frame home, offering nearly 1,982 sq ft of interior space on a 3,762 sq ft lot. The property needs a full gut rehab, but the structure has solid bones, giving investors and developers a straightforward starting point for a complete redesign.
If you estimate a good reno budget, this home can be rebuilt into a modern single-family layout that meets today's standards, open living areas, updated bedrooms, and a comfortable primary suite. The generous footprint provides flexibility for a thoughtful and functional floorplan.
Recent neighborhood values support ARV resale potential in the $300K+ range, making this a practical value-add project for experienced buyers. With the right vision, this property offers a solid opportunity to create a refreshed single-family home in a steadily improving pocket of Auburn Gresham.
Investment Highlights: * Neighborhood supports $300K+ ARV for fully renovated single-family homes * Nearly 2,000 sq ft to reconfigure into a modern floorplan * Strong lot size with room for outdoor space or parking * Suitable for fix and flip, BRRRR, or a full single-family rebuild.
Monthly Cost Estimate
$829/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1032 W 88th Street
Chicago, IL 60620
Gresham
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 1032 W 88th Street is listed at $155,000 ($78/sqft). The estimated monthly payment is $829 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 2 stories, 2 parking spaces.
This property is listed by Juliette Davis and can be reached at (312) 450-5300.
