🔥🏠 Multi-Family Investment Opportunity in Chicago IL (Fuller Park) 🎯📢

Chicago, IL, 60609
Sold
Listed at: October 8th, 2024
Price
$145,000
ARV
$325,000
Gross Margin
$180,000
Sq. Footage
2714
Type
Multifamily
Parking
Detached Garage
Year build
1900
Lot size
0.07 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

🔥🏠 Multi-Family Investment Opportunity in Chicago IL (Fuller Park) 🎯📢

5 Bed x 3 Bath Available on South Wells Street, Chicago IL. 60609

Asking Price- $145,000

ARV ~ $325,000

SQFT- 2,714

Year Built: 1900

Notes-

  • 2-flat building
  • Unit 1: 2 beds, 2 baths (first floor)
  • Unit 2: 3 beds, 1 bath (second floor)
  • Total Size: 2,714 sq ft
  • Full rehab needed: Estimated cost $80k
  • ARV: $325k
  • Frame construction
  • Slab basement
  • Access: Lockbox

This 2-flat frame building on 4424 S Wells St, Chicago, IL 60609 offers a 5 bed, 3 bath layout split between two units, making it a great investment opportunity in Fuller Park. The first floor features a 2 bed, 2 bath unit, while the second floor has a 3 bed, 1 bath unit. The property spans 2,714 sq ft with a slab basement. It requires a full rehab, estimated at $80k, with an ARV of $325k, making it suitable for investors aiming for strong returns after renovations.

Don't miss out !! 📢📝🎯💰🚀

Comps-

4209 S Wells St # 1FL, Chicago, IL,60609-2866- $320k
4415 S Princeton Ave, Chicago, IL,60609-3629- $289k
4617 S Wallace St, Chicago, IL,60609-3564- $405k

Closing will be on or before 11.01.24

Please contact me directly for more questions.

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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