Priced at $224,900 with an estimated ARV of $310,000, this 3-bedroom, 2-bath Oak Park home offers a straightforward value-add opportunity with a limited renovation scope. Reportedly in very good overall condition, the property should require only targeted cosmetic improvements to enhance its presentation and reach its retail potential.
The functional 1,525-square-foot layout and second bathroom strengthen its appeal for both homeowners and tenants. With controlled improvements and reduced project time, an investor can pursue a quick resale or retain the property as a long-term rental while capitalizing on the purchase-to-ARV spread.
