1032 W 88th Street, Chicago, IL
  • $155,000

Description

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.

  • Listing Courtesy of: Northpoint Realty & Asset Mgmt

Details

Updated on July 24, 2026 at 10:04 am
  • Property ID MRD12709239
  • Price $155,000
  • Property Size 1982 Sq Ft
  • Bedrooms 4
  • Bathrooms 2
  • Garages 2
  • Year Built 1900
  • Property Type Single Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 25052020380000
  • Water Source Lake Michigan,Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 7
  • Cumulative Days On Market 8
  • Tax Annual Amount 7
  • Cooling None
  • Heating Natural Gas
  • Appliances Refrigerator
  • Parking Features Garage Door Opener,Yes,Garage Owned,Detached,Garage
  • Directions Driving Directions: From I57, exit at W 87th Street and head West. Then, continue on 87th Street for approximately one mile, then turn left onto S Aberdeen Street. Proceed one block and turn right onto W 88th Street. The property at 1032 W 88th Street will be on your right.
  • Association Fee Frequency Not Applicable
  • Subdivision Name Gresham
  • Address 1032 W 88th Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60620
  • Country United States

Overview

Property ID: MRD12709239
  • Single Family
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 1982 Sq Ft
  • Area Size
  • 1900
  • Year Built

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