Are you a cash buyer looking for an awesome buy & hold property to add to your rental portfolio? Looking for a quick & easy fix & flip? Cosmetic 5-6k cost. Look no further! Endless opportunities here!
This cute cottage sits on a beautiful DOUBLE LOT in Round Lake Park! 2 bed/1 bath with finished attic flex space. Cottage has curb appeal as is and is in a great neighborhood on a quiet street.
Easily convert the cottage to a 3 bed/1 bath with some creativity and minimal work. Some cosmetic updates are needed (paint, new carpet in the bedrooms & attic, and some new interior doors).
Similar homes in the area that have not been updated have sold in the mid $100’s. With $15k-$50k, this property could easily resell for $165k-$199k depending on your scope of renovations.
Comps:
300 Elder Dr, Round Lake Park, IL 60073 (Sold $199k)
304 Kenwood Dr , Round Lake Park, IL 60073 (sold $160k)
230 Kenwood Dr , Round Lake Park, IL 60073 (Sold $160k)
1430 Ridgeway St , Round Lake, IL 60073 (Sold $161k)
1013 Lotus Dr , Round Lake Beach, IL 60073 (Sold $165k)
109 W Washington St , Round Lake, IL 60073 (Sold $165k)
209 Fairlawn Dr , Round Lake Park, IL 60073 (Sold $172k)
407 E Lake Ave , Round Lake Beach, IL 60073 (Sold $172,500)
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