7621 S Perry Ave, Chicago, IL 60620

Rare opportunities like this don't come around often. Welcome to one of the best value opportunities in Greater Grand Crossing! Offered on the MLS for the first time, this longtime family-owned home offers approximately 1,746 square feet, 4 bedrooms, 2 full bathrooms, two kitchen areas, a full basement, detached garage, and an oversized approximately 30' x 124' lot-all for just $175,000. The math here is what makes this property so exciting. While every buyer should perform their own due diligence, beautifully renovated homes of similar size within roughly one mile have recently sold from the mid-$300,000s to nearly $400,000 depending on layout, quality of finishes, and improvements. That means you're buying at less than half the price of many nearby renovated homes, giving you room to create your own vision instead of paying top dollar for someone else's finishes. Even if a buyer invested significant money into renovations over time, there may still be substantial equity potential based on surrounding renovated sales. Better yet, you don't have to renovate immediately. This home is livable today, allowing you to move in, enjoy the home, and update it at your own pace as your budget allows. Major improvements already completed include a newer furnace, newer hot water heater, chimney improvements, updated mechanical components, and newer washer and dryer, giving you an excellent head start. The flexible layout is another huge bonus. Although currently configured as a single-fa