🏡💰 SFH Seller Finance Cash Flowing Deal in Chicago (Auburn Gresham) 🎯📢

Cook County, Chicago, IL, 60620 view full address
For Sale
Listed at: September 13th, 2024
Price
$32,000
ARV
$270,000
Gross Margin
$238,000
Sq. Footage
1129
Type
Single-Family
Parking
On street
Year build
1967
Lot size
3150.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

🏡💰 SFH Seller Finance Cash Flowing Deal in Chicago (Auburn Gresham) 🎯📢

S Normal Ave, Chicago, IL 60620

Property Overview:

  • 2-Unit
  • 4 bed - 2 bath
    -2/1 on main level
    -2/1 on basement level
  • 1,129 Sq Ft
  • 3,150 Sq Ft lot
  • Built in 1967

Seller Finance Terms:

  • Financed Amount $157,500
  • Entry Fee $32,000 (Includes down payment to seller-Assignment to wholesaler)
  • 15 year balloon
  • $500/m Payment (to seller)

Investment Breakdown:

  • Fair Market Rent $2,120
  • ARV $270k

Notes:

  • Exterior Wall: Masonry
  • Basement Type: Full
  • Region: Auburn Gresham

Comps:

9150 S Emerald Ave, Chicago, IL, 60620- $275k
9103 S Normal Ave, Chicago, IL, 60620- $263k
8743 S Normal Ave, Chicago, IL, 60620- $256k

COE on or before October 11th.

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

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

 

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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.

Copyright © TRUOFFER LLC. All rights reserved.

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

Jake Zec

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