7545 South Merrill AvenueChicago, IL 60649Price: $180,000

  • Price: $180,000
  • Est. Mortgage of $/month
  • 70 Days on Market
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Federal 30-year interest rate: 6.72% last updated on Jul 10, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 2Bathrooms
  • 3Bedrooms
  • 2,200Square Feet
  • 1920Year Built

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Classic Chicago Bungalow with Endless Potential! Attention savvy investors, rehabbers and 203k buyers-this is your chance to bring new life to a solid South Shore classic! This charming bungalow offers great bones and plenty of character, featuring a permitted dormered second floor and a roof just 13 years old. While the home is in need of updates, it's not a total gut, making it an ideal project for those looking to renovate with vision and value in mind. Like units in this neighborhood sell upwards of 400k remodeled. Sold strictly as-is, where-is, with buyer responsible for clean out. This is an excellent opportunity to invest in a well-built home with plenty of upside in a desirable neighborhood. Don't miss out-bring your ideas and make this gem shine again!

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Listed by Timothy Miller of Exit Strategy Realty

Based on information submitted to MRED  as of July 12, 2025 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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