Date
Details
Price
Change
Source
12/02/2025
Listed
$140,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/44
$140,000 Sale Pending
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Property Description
Excellent investment opportunity on a great block! This large brick 2-flat features spacious 3-bedroom units and a solid brick 2-car garage. The building offers strong upside potential for value-add investors. The finished basement-complete with front and rear exits, high ceilings and full bath-has deteriorated but provides a prime opportunity to restore and potentially convert into an income-producing 3rd unit (buyer to verify zoning/use). With the right vision and rehab, this property can deliver significant cash-flow and long-term equity growth. Property is V.A. owned & sold in "as is/where is" condition. Seller will make no repairs. Property was built prior to 1978 and lead based paint may potentially exist. This property may qualify for Seller Financing (Vendee). Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement, and the property may only be shown by appointment.
Full Property Details
Full Property Details for 8240 S Clyde Ave
General
- Price: $140,000
- Taxes: $4,821 (2024)
- Status: Pending
- Type: Multi-Family
- Source: MRED
- MLS ID: 12526857
- Updated: 12/16/2025
- Added to Site: 47 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Township: Hyde Park
- Driving Directions: Jeffery north or south to 82nd St. East to Clyde. South to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1927
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.09
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3989
Financial Considerations
- Assessment Year: 1927
- Tax Amount: $4,821.8
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 20362250260000
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Schools
Schools serving 8240 S Clyde Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mann Elementary School 8050 South Chappel Avenue, Chicago, IL 60617 | PK-8 | 0.3 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8240 S Clyde Ave
Tax History
Tax History for 8240 S Clyde Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,853
3%
$22,999
—
2022
$4,730
2%
$22,999
—
2021
$4,625
28%
$22,999
42%
2020
$3,607
-2%
$16,192
-12%
2019
$3,697
2%
$18,401
—
2018
$3,635
-15%
$18,401
-8%
2017
$4,300
23%
$19,975
—
2016
$3,501
-4%
$19,975
—
2015
$3,660
638%
$19,975
10%
2014
$496
—
$18,168
—
2013
$498
7%
$18,168
—
2012
$466
—
$18,168
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8240 S Clyde Ave
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- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 2Total Baths
- 1,900Sq. Ft.
- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 2Total Baths
- 2,187Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
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- Single Family
- Closed
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,600Sq. Ft.
8240 S Clyde Avenue, Chicago, IL 60617 (MLS# 12526857) is a Multi-Family property with 2 units containing 7 bedrooms and 0 full bathrooms. 8240 S Clyde Avenue is currently listed for $140,000 and was received on December 02, 2025. Want to learn more about 8240 S Clyde Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.