Investorlift

62040, IL

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62040, IL

$19,000 · GRANITE CITY, IL 62040
Works for flippers · Works for landlords

Available

$19,000Asking price

2 bd · 1 ba · 1,018 sq ft · built 1920

GRANITE CITY, IL 62040

No contract on file

via InvestorLift Classic

Listed 5 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $85,000
Asking price: −$19,000
RepairsThe seller’s figure. Ours: $27,500 – $49,000: −$25,000
Loan, holding, closing20% down, 12% interest, 2 points, 70 days: −$3,774
Profit43.8% of ARV · flippers want 10%+: $37,226
Works

Works for a flipper up to $45,000.

NAHOM BUYS HOMES LLC

Nahom

No reviews yet

Comps

Sales

Rents

ARV $85,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $75,000.

The sales behind this value are shown to members.

ARV $85,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NAHOM BUYS HOMES LLC

Nahom

No reviews yet

Seller Description

FOUR-PROPERTY INVESTMENT OPPORTUNITY | ILLINOIS

2229 E 23rd St, Granite City, IL 62040

2 Bed | 1 Bath | 803 Sq. Ft. | Built 1918

Vacant value-add opportunity with estimated rental potential of $875/month.

Asking price: $15,000 CLICK HERE FOR PICTURES

ARV:$93,951

2304 State St, Granite City, IL 62040

2 Bed | 1 Bath | 1,018 Sq. Ft. | Built 1920

Vacant property with room to renovate and position for the rental market. Estimated rent: $875/month.

Asking price: $19,000 CLICK HERE FOR PICTURES ARV: $117,070

817 Greenwood St, Madison, IL 62060

2 Bed | 1 Bath | 938 Sq. Ft. | Built 1925

Another vacant opportunity for investors looking to add value and create a rental. Estimated rent: $875/month.

Asking price: $17,000 CLICK HERE FOR PICTURES ARV: $98,490

8741 Maple Ave, Caseyville, IL 62232

Single-Family | 700 Sq. Ft. | Built 1924 | Tenant Occupied

Already producing $725/month, with estimated market rent of $875/month.

Asking price: $35,000 ARV: $81,900

FOUR SINGLE-FAMILY PROPERTIES | AVAILABLE INDIVIDUALLY! Looking to add your next rental or renovation project? This four-property lineup across Granite City, Madison, and Caseyville offers investors plenty of room to create value. Three 2-bed, 1-bath properties are vacant and ready for your plans, while the Caseyville property is already generating $725/month. Each property has an estimated market rent of $875/month, giving you flexibility to choose one or add multiple properties to your portfolio!

Choose your investment! All four properties are available for individual purchase,

For more questions, please contact Mek at 314-529-0209