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$105,000 · CHICAGO, IL 60636
Works for flippers · Works for landlords

Available

$105,000Asking price

5 bd · 3.5 ba · 1,679 sq ft · built 1921

CHICAGO, IL 60636

No contract on file

Price Drop

via InvestorLift Classic

19 views · listed Jul 23

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $300,000
Asking price: −$105,000
RepairsMiddle of the seller’s $60,000 – $90,000. Ours: $54,500 – $98,500: −$75,000
Loan, holding, closing20% down, 12% interest, 2 points, 90 days: −$16,315
Profit34.6% of ARV · flippers want 10%+: $103,685
Works

Works for a flipper up to $173,000.

SENDFLIP LLC

Michael Fazio

No reviews yet

Comps

Sales

Rents

ARV $300,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $314,000.

The sales behind this value are shown to members.

ARV $300,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SENDFLIP LLC

Michael Fazio

No reviews yet

Seller Description

CHICAGO INVESTMENT OPPORTUNITY – West Englewood

TEXT Mike @ 815.600.4370 to submit your offer or ask questions!

Oversized corner bungalow with a rear coach house, multiple living spaces, and strong renovation potential.

**** W Marquette Rd, Chicago, IL 60636

Asking: $105,000

ARV: $300,000+

Property Type: Main House + Rear Coach House

Property Details

6 Bedrooms
4 Bathrooms
2,390 Sq Ft
1920 Build
Oversized Corner Property
Nine Rooms
Four Large Bedrooms
Rear Coach House / Second Living Structure
Full Gut Renovation Needed

Why This Deal Works

Attractive $109K acquisition price
Projected renovated value of $300K+
Approximately $191K+ spread before renovation and selling costs
Large 2,390 sq ft footprint
Main residence with an additional coach house
Potential fix-and-flip or buy-and-hold strategy
Multiple living areas provide strong value-add potential

The property needs a complete renovation but offers substantial upside for an experienced investor who can maximize the main house and rear structure.

Buyer must independently verify the legal use, unit count, zoning, coach-house status, permits, and renovation feasibility.

TEXT Mike @ 815.600.4370 to submit your offer or ask questions!

Terms

Cash only. Property comes in “AS-IS” condition. Buyer pays all closing costs and escrow fees.

Open escrow with a $5,000 non-refundable earnest deposit by cashier’s check made payable to our title company of choice.

Wholesalers and Realtors: Please add your fee before sending out. The advertised price is net to the seller.

Buyer must verify all information. Seller makes no claims or warranties, expressed or implied. Buyer must perform all due diligence and hold the seller harmless.

Wholesale price is a net-to-seller price. No SPDS, no CLUE report, and an as-is sale. Properties may be owned, controlled through an equitable-title position, assigned, or co-marketed on behalf of an affiliate.

None of the information above is deemed guaranteed and is provided for informational purposes only. Seller and its members or representatives make no guarantees concerning property condition, value, characteristics, legal use, or financial benefits.