This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
$175,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
Property Description
SPACIOUS 4-BEDROOM, 2-BATH HOME WITH INCREDIBLE VALUE-ADD POTENTIAL! Welcome to 8331 S. Merrill Avenue, nestled on a quiet residential block in Chicago's South Side community, just minutes from South Chicago Avenue and Jeffery Boulevard! This spacious home offers an exciting opportunity for homeowners and investors seeking generous living space, functional amenities, and the potential to build additional equity through strategic improvements. Featuring 4 bedrooms, 2 bathrooms, an exceptionally large first-floor primary bedroom, and a recently installed radiator (2025), this property offers flexibility and room to grow. The upper level presents an opportunity to create a luxurious primary suite, potentially incorporating a third bathroom or spacious walk-in closet. The basement offers even more possibilities, with opportunities to update the existing bedroom, enhance the common area and laundry space, and finish an additional bathroom, subject to applicable permits and approvals. Step outside and enjoy a generously sized backyard and detached 2-car garage, providing outdoor space for entertaining, recreation, and convenient off-street parking. Conveniently located near neighborhood shopping, dining, public transportation, parks, and major South Side thoroughfares, this property combines everyday accessibility with exciting possibilities for customization. MOVE IN, MAKE IT YOUR OWN, AND UNLOCK THE POTENTIAL! Whether you're searching for a spacious primary residence or a value-add investment opportunity, this property deserves a closer look. Schedule your private showing today!
Full Property Details
Full Property Details for 8331 S Merrill Ave
General
- Price: $175,000
- Taxes: $1,692 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12782241
- Updated: 10/23/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
- Bedrooms(Blw Grade): 1
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Township: Hyde Park
- Driving Directions: Take Stony Island Avenue to 83rd Street, head east on 83rd Street to Merrill Avenue, then turn south on Merrill Avenue to the property at 8331 S. Merrill Avenue.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Square Feet: 2,544
- Sq. Ft. Source: Estimated
- Year Built: 1923
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3750
Financial Considerations
- Assessment Year: 1923
- Tax Amount: $1,692
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20364020160000
Listed by AXEN Realty LLC
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 8331 S Merrill Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Coles Elementary Language Academy 8441 South Yates Boulevard, Chicago, IL 60617 | K-8 | 0.4 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 1 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 8331 S Merrill Ave
Date
Details
Price
Change
Source
10/23/2026
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8331 S Merrill Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,692
—
$12,101
1%
2023
$1,692
4%
$11,999
—
2022
$1,624
1%
$11,999
—
2021
$1,609
-4%
$11,999
7%
2020
$1,675
—
$11,241
-10%
2019
$1,683
2%
$12,491
—
2018
$1,653
-26%
$12,491
-9%
2017
$2,228
-1%
$13,723
—
2016
$2,248
11%
$13,723
—
2015
$2,034
9%
$13,723
9%
2014
$1,869
3%
$12,640
—
2013
$1,821
—
$12,640
—
2012
$1,820
—
$12,640
—
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 8331 S Merrill Ave
8331 S Merrill Avenue, Chicago, IL 60617 (MLS# 12782241) is a Single Family property with 4 bedrooms and 2 full bathrooms. 8331 S Merrill Avenue is currently listed for $175,000 and was received on October 23, 2026. Want to learn more about 8331 S Merrill Avenue? Do you have questions about finding other Single 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.

