🏠💰Beautiful Vacant SFH | 88K+ Spread 💸 | Chicago IL!

Chicago, IL, 60619 view full address
For Sale
Listed at: October 21st, 2024
Price
$156,000
ARV
$260,000
Sq. Footage
1201
Type
Single-Family
Parking
Detached Garage
Year build
1925
Lot size
0.16 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Address: 8428 S Rhodes Ave, Chicago, IL, 60619

Single Family Home - 4 bedrooms / 2 bathroom   

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

Deal Takeaways:

  • Clean property - just cleaning and cosmetic tough ups 
  • .15 acres of land
  • Chance for an easy flip or discounted rental  

Comps:

  • 309 E 89th St, Chicago, IL 60619 - Sold for $303,000 
  • 8847 S Prairie Ave, Chicago, IL 60619 - Sold for $279,000
  • 829 E 88th St, Chicago, IL 60619 - sold for $260,000
  • 8229 S Rhodes Ave, Chicago, IL 606192 - sold for $237,000
  • 8325 S Perry Ave, Chicago, IL 60620 - sold for $340,000
  • 8449 S King Dr, Chicago, IL 60619 - sold for $257,000
  • 427 E 87th St, Chicago, IL 60619 - sold for $250,000
  • 8719 S Michigan Ave, Chicago, IL 60619 - sold for $250,000

Financials:

ARV: $260,000

Purchase Price: $156,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $260,000

(*) 94% for sale commissions

(-) $156,000 purchase price

(-) $10,000 estimated flip/rehab costs

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

(=) $63,400 profit

Property Details:

1,201 Home Square Feet

.159 Acres Lot Size

Closing on or beforer 12/13/24

HVAC good condition - unsure of exact age

Unknown roof age

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