IL > Chicago
Chicago, IL 60620,9151 S Normal Avenue
Chicago, IL 60620,9151 S Normal Avenue
Chicago, IL 60620,9151 S Normal Avenue
Chicago, IL 60620,9151 S Normal Avenue
Chicago, IL 60620,9151 S Normal Avenue
Chicago, IL 60620,9151 S Normal Avenue
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Serene Realty, Inc

Serene Realty, Inc

+1(312) 650-7940
$ 325,000
Est. payment | /mo

5 Beds

2 Baths

2,400 SqFt

Save
$ 325,000
Est. payment | /mo
Save

5 Beds

2 Baths

2,400 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $135

MLS Listing ID 12398897

Style Traditional

Bedrooms 5

Full Baths 2

Year Built 1920

Annual Tax Amount $4,234

Tax Year 2023

Lot Size 0.287 Acres

Lot Dimensions 100 X 123

Property Sub-Type Detached Single

Property Description

TURNKEY INVESTMENT OPPORTUNITY: Fully Renovated 5-Bed + 3 additional Lots Multi-Lot Development Deal! Exceptional investment opportunity in Chicago's emerging Brainerd corridor. This FOUR-LOT assemblage offers immediate rental potential plus unlimited expansion opportunities for savvy investors and developers. IMMEDIATE RENTAL POTENTIAL: Move-in ready 5-bedroom home ready for tenants Zero deferred maintenance - completely renovated with new mechanicals Multiple financing options: FHA, VA, and conventional loans welcome Perfect for house hacking, rental portfolio, or owner-occupant investment FULLY RENOVATED MAIN RESIDENCE: 5 bedrooms + flex office/bonus room 2 completely updated bathrooms All-new systems: HVAC, water heater, energy-efficient windows Formal living/dining rooms with modern fixtures Full basement for storage/additional living space Brick 2-car garage + covered parking port DEVELOPMENT GOLDMINE - 3 ADDITIONAL LOTS: Build 2-4 additional units (subject to zoning approval) Multiply your rental income potential with new construction Options: Single-family homes, duplexes, or small multi-unit buildings Land banking opportunity in rapidly appreciating market Subdivision potential for maximum profit realization STRATEGIC LOCATION ADVANTAGES: Strong rental demand near 87th Street commercial corridor Direct access to Dan Ryan Expressway (I-57) - easy downtown commute Metra Rock Island Line proximity attracts quality tenants Established schools: Brainerd Elementary, Morgan Park High School Parks and recreation within walking distance INVESTMENT SCENARIOS: Immediate Income: Rent main house while planning development House Hack: Live in main residence, build rental units on extra lots Full Development: Maximize density for optimal returns Buy & Hold: Benefit from South Side gentrification trends FINANCING FRIENDLY: Qualifies for FHA, VA, and conventional financing Owner-occupant and investor financing options available Turnkey condition eliminates rehab costs and delays This rare multi-lot opportunity positions investors ahead of Chicago's South Side development wave. Secure rental income potential while building long-term wealth through strategic development. Ready to explore the possibilities? Contact us for detailed investment analysis and development feasibility review.

Location

State IL

County Cook

Community Sidewalks, Street Lights, Street Paved

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Electric

Cooling Central Air

Fireplace Y

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Corner Lot, Level

Story 2 Stories

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Aluminum Siding,Vinyl Siding,Steel Siding

New Construction false

Schools

School District 299, 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brittany Ramsey • Coldwell Banker Realty
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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9151 S Normal Avenue