🏠💰Easy Rehab Good Equity | SFH | 108K+ Spread 💸 | Crest Hill IL!

Will County, Crest Hill, IL, 60403
Sold
Listed at: September 3rd, 2024
Price
$152,000
ARV
$260,000
Gross Margin
$108,000
Sq. Footage
1800
Type
Single-Family
Parking
Attached Garage
Year build
1948
Lot size
0.18 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
0
Summary

Address: 1811 Wilcox St, Crest Hill, IL, 60403

Single Family Home - 4 bedrooms / 1 bathroom   

Property is Occupied. Contact the Dispo Manager for access. Closing vacant. 

Deal Takeaways:

  • Clean property - Cosmetic Flip
  • Roof and siding - 2019
  • furnace 2016
  • Almost .2 Acres lot size

Comps:

  • 1803 Nicholson St, Crest Hill, IL 60403 - Sold for $320,000 
  • 1156 Burry Ct, Crest Hill, IL 60403 - Sold for $245,000
  • 1154 Theodore St, Crest Hill, IL 60403 - sold for $205,000 (not fully updated) 
  • 1812 Alma Dr, Crest Hill, IL 60403 - sold for $251,000 (500 sqft smaller)
  • 520 Chaney Ave, Crest Hill, IL 60403 - sold for $349,000 (300 sqft smaller) 

Financials:

ARV: $260,000

Purchase Price: $152,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $260,000

(*) 94% for sale commissions

(-) $152,000 purchase price

(-) $40,000 estimated flip/rehab costs

(-) $5,000 esti. closing / holding cost

(=) $47,400 profit

Property Details:

1,800 Home Square Feet

.185 Acres Lot Size

Closing on Sep 30th, 2024

Plumbing/electrical/foundation are all good 

Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided. End buyers must conduct own due diligence. The property is to be sold as-is. Proof of funds is required. Cash or hard money only. End buyer pays all closing costs and fees associated with this transaction. $5,000 Non-Refundable EMD needed to secure the contract.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Wooten

No reviews

Disposition manager