Contact us: 563.441.1776
Description
Discover the potential in this classic Auburn Gresham frame home, offering nearly 1,982 sq ft of interior space on a 3,762 sq ft lot. The property needs a full gut rehab, but the structure has solid bones, giving investors and developers a straightforward starting point for a complete redesign. If you estimate a good reno budget, this home can be rebuilt into a modern single-family layout that meets today's standards, open living areas, updated bedrooms, and a comfortable primary suite. The generous footprint provides flexibility for a thoughtful and functional floorplan. Recent neighborhood values support ARV resale potential in the $300K+ range, making this a practical value-add project for experienced buyers. With the right vision, this property offers a solid opportunity to create a refreshed single-family home in a steadily improving pocket of Auburn Gresham. Investment Highlights: * Neighborhood supports $300K+ ARV for fully renovated single-family homes * Nearly 2,000 sq ft to reconfigure into a modern floorplan * Strong lot size with room for outdoor space or parking * Suitable for fix and flip, BRRRR, or a full single-family rebuild.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,982
Garage Size: 2
Built in 1900
School District: District 299
General Information
Bedrooms: 4
Bathrooms: 2
Sqft: 1,982
County: Cook
Subdivision: Gresham
Listed By:
Northpoint Realty & Asset Mgmt
312-253-7350
MRED MLS
MLS ID: 12709239
Room Information
Bedroom 2: 8X10
Bedroom 3: 8X10
Bedroom 4: 8X10
Dining Room: 10X12
Kitchen: 10X10
Living Room: 10X12
Primary Bedroom: 8X10
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1032 W 88th Street, Chicago, IL 60620.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $155,000 | $155,000 | $155,000 |
| Down Payment | $31,000 | $5,425 | $38,750 |
| Monthly Mortgage Amount | $774 | $937 | $965 |
| Taxes | $216 | $216 | $216 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $68 | $0 |
| Monthly Estimated Total | $1,090 | $1,321 | $1,281 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/25/2026. The listing information on this page last changed on 07/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/25/2026 1:41:08 AM EST) or MRED MLS (last updated Sat 07/25/2026 1:36:07 AM EST) or SCWMLS (last updated Fri 07/24/2026 11:54:48 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 07/24/2026 10:16:08 PM EST) or Cedar Rapids MLS (last updated Fri 07/24/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Sat 07/25/2026 1:18:42 AM EST) or ICAAR MLS (last updated Fri 07/24/2026 11:37:37 PM EST) or ECIMLS (last updated Fri 07/24/2026 11:44:35 PM EST) or RMLSA (last updated Sat 07/25/2026 1:10:56 AM EST) or Muscatine MLS (last updated Sat 07/25/2026 1:30:09 AM EST) or No Coast MLS (last updated Sat 07/25/2026 12:44:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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