🔥🏠 Single-Family Investment in Mount Prospect IL 🎯📢

Cook County, Mount Prospect, IL, 60056 view full address
For Sale
Listed at: November 12th, 2024
Price
$300,000
ARV
$480,000
Gross Margin
$180,000
Sq. Footage
1142
Type
Single-Family
Parking
Detached Garage
Year build
1949
Lot size
0.17 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

🔥🏠 Single-Family Investment in Mount Prospect IL 🎯📢

3 Bed x 2 Bath Available on North Main Street, Mount Prospect, IL. 60056

Asking Price- $300,000

ARV ~ $480,000

SQFT- 1,837

Year Built: 1949

Notes-

  • Garage: Detached, 2 spaces

  • Current Rent: $2,150/month

  • Repairs Needed: $5k-$10k

  • Recent Updates: Kitchen and baths updated 1.5 years ago

  • Condition: Roof inspected last year, HVAC and water heater functioning 

  • Occupancy: Rented out by tenant for the next 4-6 months

This 3-bed, 2-bath single-family home located on N Main St, Mount Prospect, IL 60056 is currently rented for $2,150/month on a yearly lease. The property spans 1,837 sq ft with a detached 2-car garage. The home is in good shape, with recent updates to the kitchen and baths 1.5 years ago. The roof is in good condition following a recent inspection, and the HVAC and water heater are functioning properly, though their exact ages are unknown. With minimal repairs estimated at $5k-$10k, it offers a potential ARV of $480k.

Don't miss out !! 📢📝🎯💰🚀

Comps-

304 N Russel St, Mount Prospect, IL 60056 - $482k
214 N Emerson St, Mount Prospect, IL 60056 - $468k
505 N Elm St, Mount Prospect, IL 60056 - $459k

Closing will be on or before 11.15.24

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.

 

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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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