For sale Home

Listed Oct 3, 2026

$65,000 Est. $430/mo

6953 South Elizabeth Street

  • 5

    Beds

  • 2

    Baths

  • 960

    Sq ft

The story

  • Basement

Investor Special - Full Gut Rehab with Strong ARV Potential! Opportunity knocks at 6953 S Elizabeth Ave, Chicago! This 5-bedroom, 2-bathroom property has been taken down to the studs, offering a true blank slate for your next renovation project. Electrical work already completed - a major head start Spacious layout with value-add potential Ideal for fix-and-flip or long-term rental strategy Investor Insight: With comparable renovated homes in the area supporting an estimated After Repair Value (ARV) in the $260K-$325K range, this property presents a strong opportunity for profit when renovated correctly. Perfect for investors looking to execute a full rehab and capitalize on resale value or generate consistent rental income. Customize the layout, finishes, and design to maximize returns. Located in an area with ongoing redevelopment and investor activity, making this a strategic addition to your portfolio. Property sold AS-IS. Cash or renovation financing preferred. Bring your contractor and your vision-this is the kind of deal serious investors are looking for.

Facts & features

Home type

Home

Year built

1908

Price per sq ft

$68

Included features

  • Basement

    Yes

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$430 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $346
  • Property tax $65
  • Insurance $19

Includes principal, interest, taxes & insurance.

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Listing Broker

Coldwell Banker Realty

Broker Name

Coldwell Banker Realty

Agent

Felicia Holmes