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 Details
Price:
$155,000
MLS #:
MRD12709239
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subdivision:
Gresham
Neighborhood:
chiauburngresham
Listed Date:
Jul 17, 2026
Finished Sq Ft:
1,982
Year Built:
1900
See this Listing
Schools
School District:
299
Interior
Appliances
Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
None
Heating
Natural Gas
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Frame
Garage Spaces
2
Lot Features
Corner Lot
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$7
Map
Community
- Address1032 W 88th Street Chicago IL
- SubdivisionGresham
- CityChicago
- CountyCook
- Zip Code60620
Market Summary
Current real estate data for Single Family in Chicago as of Oct 07, 2026
2,699
Single Family Listed
68
Avg DOM
239
Avg $ / SqFt
$563,655
Avg List Price
Property Summary
- Located in the Gresham subdivision, 1032 W 88th Street Chicago IL is a Single Family for sale in Chicago, IL, 60620. It is listed for $155,000 and features 4 beds, 2 baths, and has approximately 1,982 square feet of living space, and was originally constructed in 1900. The current price per square foot is $78. The average price per square foot for Single Family listings in Chicago is $239. The average listing price for Single Family in Chicago is $563,655.
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Copyright 2026. All rights reserved.
1032 W 88th Street
Chicago, IL


