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$430,000
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Property Description
Welcome to 7118 N. Merrimac - a solid 3-bedroom home offering immediate livability with tremendous upside potential, located in a top-rated Wildwood elementary school district and Taft High School with an award winning IB program. Hardwood floors run throughout the main level, creating warmth and continuity across the living spaces. The home is move-in ready as-is, while also presenting a fantastic opportunity for buyers looking to update and build equity over time. The full unfinished basement is a true blank canvas, ideal for future living space, recreation area, home gym, or workshop. Outside, a large backyard provides ample room for entertaining, gardening, or expansion possibilities. Major mechanical updates include a hot water heater just 2 years old and a newer flood control system for added peace of mind. The property's layout and lot make it an excellent candidate for adding a full second story - a rare opportunity for long-term value growth in the neighborhood. Perfect for homeowners, renovators, or investors seeking a property they can live in now and customize later. Bus stop right up the street drops off at Metra and Jefferson Park Blue Line. Costco, Target & Aldi just a stone's throw away. North Branch Bike Trail connecting to bike routes reaching through the North Shore and downtown Chicago
Full Property Details
Full Property Details for 7118 N Merrimac Ave
General
- Sold For: $430,000
- Taxes: $4,244 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12565208
- Added to Site: 49 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: Commuter Bus, Interstate Access
Parking
- Total Spaces: 2
- Parking Features: Concrete, Side Driveway, Off-Street, Yes, Other
Location
- Area: CHI - Forest Glen
- County: Cook
- Driving Directions: Touhy to Merrimac south to 7118
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Wildwood Elementary School
- High School: Taft High School
- Private School: Taft High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Architectural Style: Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Sq. Ft. Source: Not Reported
- Year Built: 1954
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 132
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1954
- Tax Amount: $4,244
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 10321020570000
Listed by Baird & Warner
Sold by Baird & Warner
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Schools
Schools serving 7118 N Merrimac Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Wildwood Elementary School, Chicago, IL 6950 North Hiawatha Avenue, Chicago, IL 60646 | K-8 | 0.4 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7118 N Merrimac Ave
Date
Details
Price
Change
Source
3/06/2026
Sold
$430,000
7.53%
MLS
2/13/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7118 N Merrimac Avenue, Chicago, IL 60646 (MLS# 12565208) is a Single Family property that was sold at $430,000 on March 06, 2026. Want to learn more about 7118 N Merrimac Avenue? Do you have questions about finding other Single Family real estate for sale in Chicago? You can browse all Chicago real estate or contact a Coldwell Banker agent to request more information.

