Jefferson Park Wholesale Deal in Chicago

HavePropertiesResidentialSFR
Classifieds

Jefferson Park Wholesale Deal in Chicago

Wholesaler · Chicago, IL · Member since 2014 · 53 posts · 12 votes

5219 N Meade Ave. Chicago, IL 60630

This is a big house (1650 SQFT) and a big project. It's on an over-sized lot (30 X 144), it needs a full rehab, and a dormer as well.

It's currently 2 units ( 2/1 & 1/1 ), but it should be converted into one big SFR in my opinion. The units are front and back, with a full basement, and walk-up attic. 

Basement height 6ft

Main floor 8ft

Attic 7ft

House is 20ft wide and 58ft long (excluding 2 5ft enclosed porches)

You can check out the pictures here:

PICTURES


All similar listed houses are being sold for $160,000- $180,000 in the area.


Purchase Price: $135,000

ARV: $375,000-$390,000 with dormer  $340,000-$350,000 without

Rehab Cost: $130,000-$150,000


Comps:


5009 N Merrimac Ave- Rehab SOLD for $399,000

5201 N Moody Ave- Rehab SOLD for $397,000

5014 N Meade Ave- Standard Sale SOLD for $359,000

5324 N Melvina Ave- Standard Sale SOLD for $359,000

Property sold AS-IS. Cash Only.

POF Required for lock box code and viewing.

Call me at 773-669-4449

or email at [email protected]

0Reply
2 views

No replies yet. Be the first to reply to this discussion.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.