7524 South Kenwood AvenueChicago, IL 60619Price: $199,000

Looking for a project with incredible potential? This spacious 4-floor home on a double lot is a diamond in the rough just waiting for the right buyer. Ideal for a large family, an investor, or anyone with a vision, this property offers the opportunity to create the home of your dreams or turn it into a profitable investment. It could be turned back into a 2 unit as well! The current owners started renovations but were overwhelmed, and now it's your chance to benefit from their hard work! With a newer roof, two furnaces, updated windows, and a recently remodeled kitchen, many of the expensive upgrades have already been completed. This home features: 1 Bedroom on the 1st floor for easy living, with 3 Bedrooms on the 2nd floor. A 5th Bedroom in the attic, with plenty of room to expand further, plus potential for additional bedrooms or living space in the full basement. Over 4,600 sq. ft. of space in total, including 3rd-floor attic and basement areas - perfect for additional living space, a home office, or recreation area. Although the home needs work, it's priced right to allow room for investors or large families to use an FHA renovation loan and customize the home to their needs. With ARVs of 400K+, this is a great opportunity for investors to add value and realize a strong return. Some minor plumbing (some pipes froze in basement) and electrical work is still required, but with a some TLC, this home will shine. Don't miss your chance to grab this pre-market opportunity - it won't last long!