🏚THIS IS A GREAT RENTAL OR FLIP 🔄

Located in Chicago IL 60620 features this 3 bed 1 bath home with endless potential. This property sits on a nice .1 acre  lot with a good amount of space for entertainment.  The house has been structurally maintained with a NEW ROOF and NEW SIDING. The interior has seen better days but this is where you can step in and make it as a great rental or get this best BANG FOR YOUR BUCK with a rehab.  There is so much development going on in the area, so DO NOT MISS THIS OPPORTUNITY!

NO HOA

ARV- 230,000 💰

COMPS: 🏠 SOLD IN THE PAST 6 MONTHS WITHIN 1 MILE ⬇️

8526 S Marshfield Ave Chicago IL - 257k (Rehabbed)

⬆️MOST COMPARABLE BY SIZE. SAME BED/BATH/SQ FT!!⬆️

1910 W 88th St Chicago IL- 215k (Updated)

⬆️ WELL UPDATED BUT SMALLER SQ FT! ⬆️

8413 South Wood St, Chicago IL- 210k (Turnkey)

⬆️VERY OUTDATED HOME AND SMALLER ⬆️

FIX AND FLIP: 🛠 like the comps above ⬆️

Rehab Cost: 45-50K USING QUALITY MATERIAL

Drywall

Fixtures

Kitchen and Bathroom Update

Floors (replaced or redone)

Very minimal landscaping

THIS PROPERTY JUST GOT A NEW ROOF AND SIDING. JUST NEEDS INTERIOR WORK

LIGHT REHAB:

8413 South Wood St, Chicago IL- 210k (Turnkey)

This property above ⬆️ was a only in turnkey condition.

1. Redone Flooring

2. Paint

4. Small Bathroom and Kitchen Update

5. Drywall

It would take approximately 20-30k MAX to bring it to that standard and you can make a quick profit.

RENTAL READY: 💸

Rental Cost: 15k or less

Interior Paint

Drywall

Cleaning

Optional Kitchen and Bathroom update

RENTS ARE REFLECTING ANYWHERE FROM $1700-2300/MONTH (Depending on Condition)

✅CHECKS OFF THE 1% RULE✅

CLOSING DATE: 05/30/2024 OR SOONER

The property is currently occupied. If you would like to see the house, please contact us directly to schedule an appointment.

THIS PROPERTY WILL BE VACANT UPON CLOSING

THIS DEAL IS GOING TO SELL FAST. SUBMIT ANY INQUIRIES TO FURTHER DISCUSS!

Buyer is to cover all closing costs related to the transaction. Sight unseen offers are welcome and property tours are to be scheduled directly with us.

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.