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8331 S Merrill Avenue, Chicago, IL 60617.
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!
MLS ID: 12782241
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8331 S Merrill Avenue, Chicago, IL 60617.

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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $175,000 | $175,000 | $175,000 |
| Down Payment | $35,000 | $6,125 | $43,750 |
| Monthly Mortgage Amount | $920 | $1,129 | $1,134 |
| Taxes | $244 | $244 | $244 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $77 | $0 |
| Monthly Estimated Total | $1,264 | $1,550 | $1,478 |
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