🔥🏠 2 Flat Frame Flip Available on S Kingston Ave, Chicago, IL 60617🎯📢

Asking Price: $143,000

ARV ~ $335,000

SQFT: 1,852

6 Bed x 2 Bath

Year Built: 1884

Notes:
Unlock the potential of this two-flat frame property in the South Chicago area. Offering 1,852 square feet of space, this building features an unfinished basement and no garage, presenting a prime canvas for cosmetic updates and enhancements. The first floor, a 2 bed/1 bath unit, has been rented for $900/month for the past two years. The second floor offers a 4 bed/1 bath duplex with the attic, rented for $950/month for the past eight years. Both units are on month-to-month leases. Recent updates include a roof replaced 5 years ago and a furnace that's 10 years old. The first floor was updated two years ago, and the second floor eight years ago.

Access: By appointment

Comps:

-8324 S Colfax Ave, Chicago, IL, 60617 - $345k

-8320 S Kingston Ave, Chicago, IL, 60617 - $289k

-8451 S Essex Ave, Chicago, IL, 60617 - $300k

-8537 S Essex Ave, Chicago, IL, 60617 - $335k

Don't miss out !! 📢📝🎯💰🚀

Closing will be on or before 12/12.

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.

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