🏠💰Low Cost SFH | 120K+ Spread 💸 | Chicago IL!

Chicago, IL, 60628 view full address
Expired
Listed at: October 14th, 2024
Price
$78,000
ARV
$260,000
Gross Margin
$182,000
Sq. Footage
1696
Type
Single-Family
Parking
Detached Garage
Year build
1951
Lot size
0.12 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

Address: 11576 S La Salle St, Chicago, IL, 60628

Single Family Home - 4 bedrooms / 3 bathroom   

Property is Vacant. Contact the Dispo Manager for access. C

Deal Takeaways:

  • Needs a trash out and interior renovation
  • .11 acres of land
  • Large spread in the deal

Comps:

  • 11712 S State St, Chicago, IL 60628 - Sold for $260,000 
  • 11839 S Yale Ave, Chicago, IL 60628 - Sold for $260,000
  • 11718 S Wallace St, Chicago, IL 60628 - sold for $200,000
  • 11516 S Princeton Ave, Chicago, IL 60628- sold for $205,000
  • 11251 S Eggleston Ave, Chicago, IL 60628 - sold for $275,000

Financials:

ARV: $260,000

Purchase Price: $78,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $260,000

(*) 94% for sale commissions

(-) $78,000 purchase price

(-) $50,000 estimated flip/rehab costs

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

(=) $111,400 profit

Property Details:

1,696 Home Square Feet

.11 Acres Lot Size

Roof newer, unknown exact age per the seller

Plumbing/electrical/foundation are all good per the seller

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