9151 S Normal Avenue Chicago, IL 60620
Listing Courtesy of: MLS LogoMidwest Real Estate Data / Coldwell Banker Realty / Brittany Ramsey / Josie Ashmore

  9151 S Normal Avenue Chicago, IL 60620

Active (8 Days)
$360,000
5
BED
2
BATH
2,400
SQFT

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.

MLS #:
12398897
Taxes
$4,235(2023)
Lot Size
0.29 acres
Type
Single-Family Home
Year Built
1920
Style
Traditional
School District
299
County
Cook County

Listed By

Brittany Ramsey, Coldwell Banker Realty
Josie Ashmore, Coldwell Banker Realty
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Jun 26 2025 at 10:47 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Lot Information
  • Corner Lot
  • Level
Property Features
  • Fireplace: 0
Heating and Cooling
  • Natural Gas
  • Electric
  • Central Air
Basement Information
  • Finished
  • Full
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Lake Michigan, Water Source: Public
  • Sewer: Public Sewer
Parking
  • On Site
  • Garage Owned
  • Detached
  • Off Alley
  • Off Street
  • Driveway
  • Garage
Living Area
  • 2,400 sqft
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.