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$130,000
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Property Description
INCREDIBLE OPPORTUNITY IN GREATER GRAND CROSSING! PRICED TO SELL! Welcome to 7533 S Michigan Ave - a classic brick bungalow with tremendous potential in a neighborhood where comps are significantly higher! This three-bedroom home sits on a spacious lot and offers over fourteen hundred square feet of living space waiting for your creative vision. WHAT MAKES THIS SPECIAL: Beautiful original hardwood floors throughout the main level Bright, spacious kitchen with plenty of room for modern updates Charming dormer second level adds character and functional space Additional bathrooms on the upper level and in the basement for convenience Solid brick construction - great bones ready for your transformation RECENT UPDATES: Brand new deck perfect for entertaining & recently updated garage IDEAL FOR: Rehabbers looking for a value-add opportunity in a strong market Owner-occupants ready to create their dream home Investors seeking equity upside in an appreciating neighborhood HONEST DISCLOSURE: This property needs TLC and general updating throughout. Priced accordingly to reflect condition and provide room for your sweat equity or contractor budget. THE BOTTOM LINE: With comps in the area running much higher, this is your chance to build instant equity while creating something special. Low acquisition cost plus smart rehab equals significant profit potential or an incredible forever home at below-market pricing. Don't miss this rare opportunity to transform a diamond in the rough into a showpiece! Schedule your showing today.
Full Property Details
Full Property Details for 7533 S Michigan Ave
General
- Sold For: $130,000
- Taxes: $1,541 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12545161
- Added to Site: 103 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: FROM 87TH ST & STONY ISLAND AVE: Head N on Stony Island Ave for 1.8 miles. Turn W on 75th St, continue for 0.3 miles. Turn S on Michigan Ave for 0.1 miles. Property is on the W side of street between 75th and 76th St
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full, Walk-Out Access
- Square Feet: 1,418
- Sq. Ft. Source: Other
- Year Built: 1920
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4800
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1920
- Tax Amount: $1,541.01
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20273020090000
Listed by Keller Williams ONEChicago
Sold by Pearson Realty Group
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Schools
Schools serving 7533 S Michigan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Deneen Elementary School 7240 South Wabash Avenue, Chicago, IL 60619 | 7-8 | 0.4 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 7533 S Michigan Ave
Date
Details
Price
Change
Source
2/24/2026
Sold
$130,000
-13.33%
MLS
1/11/2026
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7533 S Michigan Avenue, Chicago, IL 60619 (MLS# 12545161) is a Single Family property that was sold at $130,000 on February 24, 2026. Want to learn more about 7533 S Michigan Avenue? Do you have questions about finding other Single Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

