$85,000 · CHICAGO, IL 60624
Works for flippers · Works for landlords

Pending

$85,000Asking price

3 bd · 1.5 ba · 1,318 sq ft · built 1911

CHICAGO, IL 60624

Contract on file

via InvestorLift Classic

1 view · listed Oct 16

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $230,000
Asking price: −$85,000
RepairsMiddle of the seller’s $35,000 – $45,000. Ours: $43,000 – $77,000: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$12,509
Profit40.2% of ARV · flippers want 10%+: $92,491
Works

Works for a flipper up to $150,000.

ORBIT PROPERTIES MANAGEMENT

Mike

No reviews yet

Comps

Sales

Rents

ARV $230,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $230,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ORBIT PROPERTIES MANAGEMENT

Mike

No reviews yet

Seller Description

High-Yield Investor Opportunity

A high-potential value-add opportunity perfect for a BRRRR strategy, portfolio rental, or strategic flip. Built in 1901, this solid brick rowhouse features a flexible 1,330–1,500 sq. ft. layout with 3 to 4 bedrooms, a formal separate dining room, a finished basement, and a generous 3,050 sq. ft. lot offering private outdoor space. Strategically located just blocks from the CTA Blue Line and I-290, this property offers an effortless 6-mile commute into Downtown Chicago, ensuring consistent, strong tenant demand. Sold "As-Is" and primed for your cosmetic or structural updates—bring your contractor and add a strong, cash-flowing brick asset to your portfolio today!

Potential rental income: $2,400.00
ARV: $230,000.00
ARV comps ↓

$233,500 - 4536 W Jackson Blvd, Chicago, IL 60624

$242,000 - 3852 W Jackson Blvd, Chicago, IL 60624

$310,000 - 4254 W Washington Blvd, Chicago, IL 60624

Call today for more details. Call Your Broker (Mike) today at ORBIT at (380) 257-2280.