Check out this Cash Flowing brick 4 units with high equity in Chicago, IL. Fully occupied with $2,000 in rent monthly. With some TLC the rent on this property could be doubled.
This property is priced to sell, with ARV over $140,000 there is enough equity to rehab, 100% refinance and hold this deal and cash flow.
Drive by without disturbing tenants, or call/email to schedule a full walk through.
Sold comps are within .5 miles from the subject property and have been sold within the last 6 months.
Here are some 2 Units Comps:
235 S Seeley Ave , Chicago, IL 60609 - Sold on 02/2016 for $210K
2107 W 50th Pl , Chicago, IL 60609 - Sold on 07/2016 for $144K
5022 S Loomis Blvd , Chicago, IL 60609 - Sold on 03/2016 for $140K
This is a wholesale deal. Do your due diligence before making an offer.
The first one with a signed contract and earnest money gets the deal.
Buyer pays ALL closing costs. Buyer will receive taxes prorated to 100 percent and free and clear title
Please due all your inspections and due diligence up front before contracting.
Realtors add whatever fee you want.
Proof of funds required for viewing.
Do you know someone that would buy this deal please forward this email we do compensate for referrals
Do you need money? We have lenders ready to lend. Call us for more details
Hello @Sam Tfaily is the property still available? If so, can please send any additional information on this property and pictures of the interior? Email [email protected]
Hi Silenceux Francois and Hayley Henning, yes the property is still available for now. I will send you a link with pictures shortly.
Hi Anthony Woods, since the property is fully occupied and is cash flowing well at $40k, I would keep tenant in and repair as needed until lease over, I would do cosmetic light rehab. Flooring, kitchen cabinets and paint.
Hey, I'd like to know if this unit is still available as well as being added to your list. Pics would be great. Send to [email protected]. Thanks in advance.
