9151 S Normal AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60620
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $135
MLS Listing ID 12398897
Style Traditional
Bedrooms 5
Full Baths 2
Year Built 1920
Annual Tax Amount $4,234
Tax Year 2023
Lot Size 0.287 Acres
Property Sub-Type Detached Single
Property Description
TURNKEY INVESTMENT OPPORTUNITY: Fully Renovated 5-Bed + 3 additional Lots Multi-Lot Development Deal! Exceptional investment opportunity in Chicago's emerging Brainerd corridor. This FOUR-LOT assemblage offers immediate rental potential plus unlimited expansion opportunities for savvy investors and developers. IMMEDIATE RENTAL POTENTIAL: Move-in ready 5-bedroom home ready for tenants Zero deferred maintenance - completely renovated with new mechanicals Multiple financing options: FHA, VA, and conventional loans welcome Perfect for house hacking, rental portfolio, or owner-occupant investment FULLY RENOVATED MAIN RESIDENCE: 5 bedrooms + flex office/bonus room 2 completely updated bathrooms All-new systems: HVAC, water heater, energy-efficient windows Formal living/dining rooms with modern fixtures Full basement for storage/additional living space Brick 2-car garage + covered parking port DEVELOPMENT GOLDMINE - 3 ADDITIONAL LOTS: Build 2-4 additional units (subject to zoning approval) Multiply your rental income potential with new construction Options: Single-family homes, duplexes, or small multi-unit buildings Land banking opportunity in rapidly appreciating market Subdivision potential for maximum profit realization STRATEGIC LOCATION ADVANTAGES: Strong rental demand near 87th Street commercial corridor Direct access to Dan Ryan Expressway (I-57) - easy downtown commute Metra Rock Island Line proximity attracts quality tenants Established schools: Brainerd Elementary, Morgan Park High School Parks and recreation within walking distance INVESTMENT SCENARIOS: Immediate Income: Rent main house while planning development House Hack: Live in main residence, build rental units on extra lots Full Development: Maximize density for optimal returns Buy & Hold: Benefit from South Side gentrification trends FINANCING FRIENDLY: Qualifies for FHA, VA, and conventional financing Owner-occupant and investor financing options available Turnkey condition eliminates rehab costs and delays This rare multi-lot opportunity positions investors ahead of Chicago's South Side development wave. Secure rental income potential while building long-term wealth through strategic development. Ready to explore the possibilities? Contact us for detailed investment analysis and development feasibility review.
Location
State IL
County Cook
Area Chi - Washington Heights
Interior
Heating Natural Gas,Electric
Cooling Central Air
Exterior
Garage Spaces 2.0
Community Features Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Lot Description Corner Lot,Level
Dwelling Type Detached Single
Building Description Aluminum Siding,Vinyl Siding,Steel Siding, No
Sewer Public Sewer
Water Lake Michigan,Public
Structure Type Aluminum Siding,Vinyl Siding,Steel Siding
New Construction false
Schools
School District 299 ,299, 299
Others
Special Listing Condition None