🏠 Great Fix & Flip ( South Lawndale ) Multi-Family | Click for more 📸

Chicago, IL, 60623 view full address
For Sale
Listed at: October 4th, 2024
Price
$155,000
ARV
$350,000
Gross Margin
$195,000
Sq. Footage
1400
Type
Multifamily
Parking
Detached Garage
Year build
1905
Lot size
0.07 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

South Lawndale Opportunity 

Chicago, IL 60623

After Repair Value: $350,000

5 Beds / 2.5 Baths / 2 Car Garage

1,406 sf Living Area (per tax records)

 

  • Multi-Family In Chicago (South Lawndale)
  • Cosmetic work needed
  • Top unit is a 3 bedroom & 1.5 bath
  • Garden unit 2 bedroom &1 bath  
  • Top unit is on a MTM lease and pays $850/month
  • Garden unit tenant is leaving but personal belongings are there
  • Force air on both units
  • Rent for a garden unit is running for $1,000 - $1,300 for a 2b/1b 
  • Rent for a 3bedroom and 1 bath are ranging from $1,400 - $2,000
  • We have zoning certificate for a 2-unit

 

 

DON'T MISS OUT ON THIS OPPORTUNITY

More info: (847) 341-3786

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.
● Buyer pays all closing costs
● Get in touch with us now!
NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER.
Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".
Contract: A contract will be delivered electronically once an agreement has been made and must be executed by Final Buyer within 24 hours. Once the contract is signed, we will introduce you to a third party Title Company we use who will help facilitate the closing process.
Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.
Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kristin Ryan

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Disposition manager