INVESTOR SPECIAL - VALUE-ADD OPPORTUNITY IN CHATHAM! Attention investors and rehabbers! 8918 S Woodlawn Ave presents a fantastic opportunity to renovate and add significant value in a desirable South Side location. This property offers solid bones, strong upside potential, and the possibility of reconfiguring the layout to add a bedroom, creating an attractive 3-bedroom, 2-bath product for the resale market. Location, location, location! Situated on a well-established residential block with convenient access to transportation, shopping, parks, and schools. The surrounding area has seen continued investment and strong demand for updated homes. Whether you're looking for your next fix-and-flip project or a value-add investment, this property offers the opportunity to capitalize on the spread between acquisition cost and after-repair value. Updated 3-bedroom, 2-bath homes in the area have demonstrated strong resale demand, making this a project worth a serious look. Bring your vision, contractor, and creativity. Property is being sold as-is. Buyer to perform their own due diligence regarding layout changes, permits, and renovation costs. Don't miss this chance to unlock the full potential of this property!
— the listing agent’s description
The home
2 beds
1 baths
1,000 sqft
Built in 1903
Lot 25X125
Detached Single
What it’ll cost
$120 / sqft
$1,084 taxes / yr
No HOA
New today
Estimated monthly payment
$763/mo
Principal & interest$638
Property taxes$90
Homeowners insurance$35
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.