Single Family- Seller Finance Cash Flowing Deal in Chicago

S Burnside Ave, Chicago, IL 60619 

Property Overview:

• 4 bed / 1.5 bath 
• 988 sqft
• 3,125 sqft lot
• Built in 1974

Seller Finance Terms:

• Financed Amount: $112,500
• Entry Fee: $30,500 
• 3% interest
• 30 year amortization 
• 5 year balloon
• PITI: ~ $724/m

Notes:

• S8 Tenant paying $1,350/m
• Lease is up in end of May
• Across the street from Chicago St. University
• Needs new carpet & Flooring
• AC & Furnace are about 8 years old
• Frame Build 
• Access by lockbox

For a detailed discussion or to address any inquiries, please reach out directly:

Contact Information:

Cameron Enck

TruOffer

cameron@truoffer.co

(708) 991-5629

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Disclaimer:

House is being sold as-is, and the buyer is to pay all closing costs.

$5,000 Non-Refundable earnest money to be deposited by NOON of the following day or contract will be canceled. Buyer must close with cash or a hard money loan.

The buyer is not relying on any representations, whether written or oral, regarding the properties above. Price based on a cash or hard money offer and is net to seller. Buyers to do their own independent due diligence.

Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer's responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer's responsibility and they should be diligent in determining market value.

REALTORS:

If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.

WHOLESALERS:

If you'd like to JV on this deal send us a text message, email, or call to let us know you are going to be sharing our deal with your investors.

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