1032 W 88th Street

Chicago, IL
$ 155,000 Beds 4 Baths 2 Sq 1,982
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 155,000
  • City
  • Chicago
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • COOK
  • Half Bathrooms
  • 0
  • Area
  • CHI - Auburn Gresham
  • Lot Size
  • Zip
  • 60620
  • Sqr Footage
  • 1,982
  • Year Built
  • 1900
  • Taxes
  • $ 7
  • Style
  • MLS#
  • 12709239
Listed By: Northpoint Realty & Asset Mgmt
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1982
Sewer Public Sewer
Heating Natural Gas
Cooling None
Possession Closing
Appliances Refrigerator
Garage Spaces 2
Association Fee Includes None
Construction Materials Frame
Year Built 1900
Township Lake
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks,Street Lights,Street Paved
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Subdivision Name Gresham
Total Rooms 7
Full Baths 2
Status Active
Directions Driving Directions: From I57,exit at W 87th Street and head West. Then,continue on 87th Street for approximately one mile,then turn left onto S Aberdeen Street. Proceed one block and turn right ont
City Chicago
High School District 299
MLS Area CHI - Auburn Gresham
Tax Annual Amount 7
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Detached Single

Interior Features

Basement Crawl Space
Total Bedrooms 4
Room Type No additional rooms
LivingAreaSource Assessor
Total Baths 2
Bedrooms Possible 4

Exterior Features

Parking Features Garage Door Opener,Yes,Garage Owned,Detached,Garage
Lot Features Corner Lot
Water Source Lake Michigan,Public
Total Parking 2
Lot Dimensions 3762
OwnerPhone 312-253-7350
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/18/2026 Listed $155,000

Property vs Zip Code Average in 60620

Price
AVG $280K
$160K
Year Built
AVG 1928
1900
Visits
AVG 151
146
Data Provided by Inside Real Estate®

Areas That We Cover

1032 W 88th Street Chicago, IL is a Single Family Home for sale at $155000 with 1982 sqft and a lot size of Acre(s). 1032 W 88th Street Chicago has 4 bedrooms, 2 baths and was built in 1900. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.