🔥🏠 Multi-Family Flip Opportunity in Chicago IL (Back of the Yards area.) 🎯📢

Cook County, Chicago, IL, 60609
Sold
Listed at: August 21st, 2024
Price
$82,000
ARV
$280,000
Gross Margin
$198,000
Sq. Footage
1596
Type
Multifamily
Parking
On street
Year build
1910
Lot size
0.07 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

🔥🏠 Multi-Family Flip Opportunity in Chicago IL (Back of the Yards area.) 🎯📢

4 Bed x 2 Bath Available on South Wood Street, Chicago, IL. 60609

Asking Price- $82,000

ARV ~ $280,000

SQFT- 1,596

Year Built: 1910

Notes-

  • Neighborhood: Back of the Yards, Chicago
  • 4 bedrooms, 2 bathrooms
  • Size: 1,596 sq ft
  • Basement: Crawl-Space
  • Upgrades: New siding, window frames, HVAC, plumbing, backstairs
  • Condition: Up to code, ready for a cash buyer
  • ARV: $280,000
  • Quick close: Cash buyer preferred within 2 weeks

This property, located on S Wood St in the Back of the Yards neighborhood of Chicago, is a great opportunity for a cash buyer looking for a quick investment. The home features 4 bedrooms and 2 bathrooms, with 1,596 square feet of living space. Recent renovations include new siding, window frames, HVAC systems, plumbing, and a newly constructed backstairs. The property is up to code, making it move-in ready. With an ARV of $280,000, it offers a solid return on investment for buyers who can close within two weeks of signing.

Although the property has a crawl-space basement, the modern upgrades and compliance with city codes make it an attractive purchase. The Back of the Yards area is historically known for its industrial roots, but recent revitalization efforts are bringing more investment into the neighborhood.

Don't miss out !! 📢📝🎯💰🚀

Comps-

5205 S Wood St, Chicago, IL, 60609- $240k
5244 S Loomis Blvd, Chicago, IL,60609-5947- $283k
4932 S Wood St, Chicago, IL,60609-4813- $290k

Closing will be on or before 09.21.24

Please contact me directly for more questions.

Jake Zec
TruOffer
708-847-6558
jake@truoffer.co

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
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Jake Zec

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