Flip report generated Aug 20, 2025
The Flip Potential of
8819 S Merrill Ave Chicago, IL
is medium.
Current Specs
2 Bed / 1 Bath
965 sqft
$172 per sqft
Estimated Value$166,100
Flip Advice
This 2-bed, 1-bath, 965 sqft single family home at 8819 S Merrill Ave sits in Chicago's Calumet Heights neighborhood, which has seen solid flip activity. Nearby comps range from $140K–$253K, with homes similar in size and bed/bath count generally selling in the $140K–$173K range. Your property’s estimated value is about $166K, which puts it right in the middle of the comp spread. However, its smaller size and only having 2 bedrooms could limit upside compared to larger 3-4 bedroom comps.
If you’re a homeowner looking to sell, focus on easy cosmetic improvements—think fresh paint, updated fixtures, and curb appeal boosts. For investors considering a flip, the profit margin appears thin unless you acquire at a discount or add significant value (like a third bedroom). Stay mindful of renovation costs—Chicago flips in 2024 are profitable, but only if you buy right and don't over-improve for the area.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.