Brick 3 Flat in 60609 - Asking $29K - ARV $250K

[Sam Tfaily]

The Best Wholesale Real Estate Deals in Illinois

Property Address: 5149 S Hermitage Ave, Chicago, IL 60609

• Neighborhood: Back Of The Yards
• Asking Price: $29,900
• ARV: $250,000
• Type: 3 Units Multi-Family
• First Floor: 2 bed - 1 bath
• Second Floor: 2 bed - 1 bath
• Third Floor: 2 bed - 1 bath
• Garage: Detached 2 Car Garage
• Lot Size: 3,125 sqft
• 2013 Taxes: $554

This is a great Buy-Rehab-Rent-Refinance in The Back of The Yards.

Brick 3 flat with potential rent o of $1,000 to $1,300 per month per unit. That is a total of $3,000 to $3,900 per month. Retail Value $160,000.

Drive by, 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 (Note the subject property is 3 units):

• 5235 S Seeley Ave, Chicago, IL 60609 - 64 DOM - Sold on 12/2015 for $210K
• 1206 W 52nd St, Chicago, IL 60609 - 42 DOM - Sold on 05/2016 for $160K
• 5205 S Honore St, Chicago, IL 606091 - 188 DOM - Sold on 11/2015 for $160K
• 2107 W 50th Pl, Chicago, IL 60609 - 19 DOM - Sold on 04/2016 for $144K

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