For sale Home

Listed Oct 23, 2026

$175,000 Est. $1,157/mo

8331 South Merrill Avenue

  • 3

    Beds

  • 2

    Baths

  • 2,544

    Sq ft

The story

  • Basement

SPACIOUS 4-BEDROOM, 2-BATH HOME WITH INCREDIBLE VALUE-ADD POTENTIAL! Welcome to 8331 S. Merrill Avenue, nestled on a quiet residential block in Chicago's South Side community, just minutes from South Chicago Avenue and Jeffery Boulevard! This spacious home offers an exciting opportunity for homeowners and investors seeking generous living space, functional amenities, and the potential to build additional equity through strategic improvements. Featuring 4 bedrooms, 2 bathrooms, an exceptionally large first-floor primary bedroom, and a recently installed radiator (2025), this property offers flexibility and room to grow. The upper level presents an opportunity to create a luxurious primary suite, potentially incorporating a third bathroom or spacious walk-in closet. The basement offers even more possibilities, with opportunities to update the existing bedroom, enhance the common area and laundry space, and finish an additional bathroom, subject to applicable permits and approvals. Step outside and enjoy a generously sized backyard and detached 2-car garage, providing outdoor space for entertaining, recreation, and convenient off-street parking. Conveniently located near neighborhood shopping, dining, public transportation, parks, and major South Side thoroughfares, this property combines everyday accessibility with exciting possibilities for customization. MOVE IN, MAKE IT YOUR OWN, AND UNLOCK THE POTENTIAL! Whether you're searching for a spacious primary residence or a value-add investment opportunity, this property deserves a closer look. Schedule your private showing today!

Facts & features

Home type

Home

Year built

1923

Price per sq ft

$69

Parking

2-car garage

Included features

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Radiant

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,157 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $931
  • Property tax $175
  • Insurance $51

Includes principal, interest, taxes & insurance.

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Listing Broker

AXEN Realty LLC

Broker Name

AXEN Realty LLC

Agent

Pierre Mason