$200,000 Profit Flip, Already Gutted, City Plans Approved

[Evan Thoma]

Awesome opportunity to make $200,000 in Profit on a rehab that's already started. 

Plans call for a 6 bedroom, 4 Bath with 3,600 Square Feet. 

Near the Clark and Wilson intersection, Uptown neighborhood

ARV $950,000

Repairs left: $180,000 - $200,000

Asking $545,000

Demo is finished down to studs, Plans and Permits are already received from Chicago (selling with property) so no delay in starting project for new buyer, Basement Digout partially completed and is ready for underground plumbing. See attached plans/permits for rehab.

Demolition is mostly completed, see pics. What's left for repairs is everything that follows in the plans. Email me for all of the photos (22 photos) and the approved city plans. The photos were too large to upload.

This property is in a historical district (the property itself is not historic). So the front of the property must maintain its look. The project was halted because of the delay in getting plans approved by the city/historic district which are now all ready to go.

Email me for all the photos and city plans: [email protected]