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Updated almost 9 years ago on . Most recent reply

User Stats

19
Posts
8
Votes
Nicholas Pascullo
  • Jackson, NJ
8
Votes |
19
Posts

Am I paying to much for a Lower West Side Chicago Multi-Unit?

Nicholas Pascullo
  • Jackson, NJ
Posted

Hi BP!

I just went under contract for a gut rehab 4-unit in Pilsen, Chicago.  It may not technically be Pilsen but is definitely part of the Lower West Side neighborhood.  Basically, after the offer was accepted I became worried that I offered too high.  Is there anyone on here that knows west Pilsen/Heart of Chicago well?  I'd like some peace of mind that $600k on a gut rehab 4-flat isn't a crazy price.  It's hard to find comps for gut rehab 4-units in the area!

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