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INVESTOR & SAVVY BUYER OPPORTUNITY! This is the kind of property that offers space, flexibility, and room to create value! This solid brick 2-story home was once a legal 2-unit building and is currently being used as a single-family home, giving the next owner options for how to maximize its potential. Featuring 3 bedrooms and 2.5 baths, the home offers generous room sizes, beautiful hardwood flooring, abundant natural light, and a functional layout. The main level features comfortable living and gathering spaces, a spacious kitchen with ample cabinet and counter space, and a convenient half bath for guests. Upstairs, you'll find two generously sized bedrooms, each with space that could serve as a sitting area, dressing room, or personal walk-in closet. An additional room offers flexibility as a third bedroom, home office, or creative space, along with a full bathroom. The full-length basement provides even more possibilities, with laundry hookups and an additional full bathroom. Outside, enjoy a private, fully fenced yard, a private driveway, and plenty of space for outdoor activities or future improvements. For the investor or savvy buyer, the possibilities are where this property gets exciting. Rental income, a future two-unit conversion, renovation and resale, or a customized home-the choice is yours. Solid brick construction and a flexible layout provide a great foundation for bringing your vision to life. Come see the possibilities for yourself-this one is worth a look! The current tenant is month-to-month and prepared to vacate by closing, providing flexibility for potential owner occupants. Property is being sold AS-IS. Home qualifies for Home Grown Grant and is in Zone B which is up to 50k. Preferred Lender - Kimberly J Adams Mortgage Loan Originator with Neighborhood Lending Services offers Quick Pre Qualification.
| Address |
7538 S Eggleston Avenue
Chicago, IL 60620 |
| Listing Status | Active |
| Asking Price | $225,000 |
| Original Price | $240,000 |
| On Market Date | Sep 9, 2026 |
| Special Listing Conditions | List Broker Must Accompany |
| Offered for Sale or Rent | No |
| Previous List Price | $240,000 |
| Property Type | Residential |
| Rooms | Recreation Room |
| Square Footage | 2,124 sq ft (Assessor) |
| Bedrooms | 3 |
| Bathrooms | 2 full, 1 half |
| Total Rooms | 7 |
| Assessor Square Feet | 2124 |
| Disability Access | No |
| Basement | Partially Finished, Full |
| Basement Bathroom | Yes |
| Lot Size | Less Than .25 Acre |
| Year Built | 1908 |
| Built Before 1978 | Yes |
| Rehabbed | No |
| Rebuilt | No |
| New Construction | No |
| Property Style | Detached Single |
| Exterior Materials | Brick |
| Lot Dimensions | 4666 |
| Total Parking Spaces | 2 |
| Parking Features | Asphalt, Driveway, Yes |
| HOA Fee Includes | None |
| Special Assessments | No |
| Board Number | 10 |
| Water Source | Public |
| Sewer | Public Sewer |
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Neighborhood | CHI - Greater Grand Crossing |
| Township | Lake |
| Directions | 76th street west to Eggleston, Eggleston North to property |
| Middle School District | 299 |
| High School District | 299 |
| Ownership | Fee Simple |
| Possession | Closing |
| Broker Owned or Interest | No |
| General Information | Commuter Bus, Commuter Train, Interstate Access |
| Currently Leased | Yes |
| Timeline | Notes |
|---|---|
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| County | Cook |
| Tax PIN | 20283050240000 |
| Property Tax | $2,351.79 for the year 2024 |
| Street Locator |
South of Chicago Avenue South of Division Street West of La Salle West of Michigan Avenue South of North Avenue South of Roosevelt Road |
| Distance to L | 0.7 miles · 79th |
| Distance to Starbucks | 1.5 miles · Starbucks, 160 W 87th St |
| Distance to Lake Michigan | 4.2 miles |
| Corporate Limits | Chicago |
| Platform | MRED |
| MLS Number | MRD12741781 |
| Courtesy of | Keller Williams Preferred Rlty |
https://www.chicagotopcondos.com/MRD12741781
| Address | Unit | List Price | Status |
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