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Updated over 8 years ago on .

User Stats

97
Posts
4
Votes
Sam Tfaily
  • Chicago, IL
4
Votes |
97
Posts

Frame 2 unit in Belmont Cragin - Only $145K - ARV $250K

Sam Tfaily
  • Chicago, IL
Posted
The Best Wholesale Real Estate Deals in Illinois
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Property Address: 2112 N Laramie Ave, Chicago, IL 60639
  • Neighborhood: Belmont Cragin
  • Asking Price: $145,900
  • ARV: $250,000
  • Type: 2 Units Multi-Family with Duplex and a full basement
  • First Floor: 3 bed - 1 bath $650
  • Second Floor: 3 bed - 1 bath $650
  • Third Floor: Illegal 1 bed 1 bath - $550
  • Basement: Illegal Unit - $550
  • Lot Size: 24 x 161 ft
  • 2015 Taxes: $4410
Top,

Check out this frame 2 unit in Belmont Cragin area of Chicago IL. Only $145,000. Retail Value $250,000. Property is a 2 unit with illegal basement and attic unit.

City is making owner remove the units in the basement and attic. Property is being sold subject to violations on the property. 1st floor unit is 3 bed 1 bath, 2nd floor unit is 3 bed 1 bath.

Collect up to 1200 per unit 2400 per month and $28,800 per year. Sold comparables in Belmont Cragin sold for average $250,000.

Check out this Cash Flowing brick 2 units with high equity in Chicago, IL. Fully occupied with $2,400 in rent monthly.

Don't let this deal get out of your hands

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 12 months.

Here are some 2 Units Comps:

  • 2109 N LAWLER Ave, Chicago, IL 60639 - Sold for $285K on 04/2016
  • 1927 N Leamington Ave, Chicago, IL 60639 - Sold for $235K on 03/2016
  • 2133 N LARAMIE Ave, Chicago, IL 60639 - Sold for $230K on 08/2015
  • 2344 N LARAMIE Ave, Chicago, IL 60639 - Sold for $240K on 03/2016

Contact me directly for more pictures


This is a wholesale deal. We have equitable interest in the property and we are selling our contract.
  • Cash or private/hard money only.
  • Buyer pays ALL closing costs which include Transfer taxes, title insurance, and title company fees.
  • 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 your commission to the price.Proof of funds required for viewing.
  • Do you know someone that would buy this deal please forward this email we do compensate for marketers
  • The first one with a signed contract and earnest money gets the deal.
  • Do you need money? We have lenders ready to lend. Call us for more details
  • This is an IRA Qualified investment

Offering