1032 W 88th St, Chicago, IL, 60620
About This Home
Discover the potential in this classic Auburn Gresham frame home, offering nearly 1,982 sq ft of interior space on a 3,762 sq ft lot. The property needs a full gut rehab, but the structure has solid bones, giving investors and developers a straightforward starting point for a complete redesign. If you estimate a good reno budget, this home can be rebuilt into a modern single-family layout that meets today's standards, open living areas, updated bedrooms, and a comfortable primary suite. The generous footprint provides flexibility for a thoughtful and functional floorplan. Recent neighborhood values support ARV resale potential in the $300K+ range, making this a practical value-add project for experienced buyers. With the right vision, this property offers a solid opportunity to create a refreshed single-family home in a steadily improving pocket of Auburn Gresham. Investment Highlights: * Neighborhood supports $300K+ ARV for fully renovated single-family homes * Nearly 2,000 sq ft to reconfigure into a modern floorplan * Strong lot size with room for outdoor space or parking * Suitable for fix and flip, BRRRR, or a full single-family rebuild.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator
Basement
- Has basement: Yes
- Basement: Crawl Space
Bedroom2
- Level: Second
- Area: 80
- Dimensions: 8X10
Bedroom3
- Level: Second
- Area: 80
- Dimensions: 8X10
Bedroom4
- Level: Second
- Area: 80
- Dimensions: 8X10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: Main
- Area: 120
- Dimensions: 10X12
Features
- Attic: Full
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 0
- Total interior livable area: 1,982 sqft
Kitchen
- Features: Flooring (Carpet)
- Level: Main
- Area: 100
- Dimensions: 10X10
Living Room
- Features: Flooring (Carpet)
- Level: Main
- Area: 120
- Dimensions: 10X12
Master Bedroom
- Level: Second
- Area: 80
- Dimensions: 8X10
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 25052020380000
- Special condition: List Broker Must Accompany
Features
- Stories: 2
Lot
- Lot size: 3,762 sqft
- Features: Corner Lot
Parking
- Total spaces: 2
- Parking features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $783 | $9,396 |
| Home Insurance * | $157 | $1,884 |
| Property Taxes | $223 | $2,676 |
| Electricity | $152 | $1,829 |
| Total | $1,315 | $15,780 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-18 | Listed for sale | $155,000 |
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