Dirty Fixer - 30% Below Market Value

[Melsi Bifsha]

County: Cook
Asking Price: $399,000
Repair Estimate: $160,000 - $200,000
ARV $850,000 - $950,000

ATTENTION INVESTORS & DEVELOPERS: INCREDIBLE DEAL!!!

******** ZONE RS-3 *********

ADDRESS
1733 N Artesian Ave Chicago,IL 60647

DESCRIPTION
This is a Wholesale deal in Bucktown, THE hottest neighborhood in Chicago. At $399,000, it's the cheapest property on the block! Amazing location, steps away from the 606 and close to the blue line. 8 bedrooms, 5 bathrooms, living room, kitchen, large room off the kitchen for dining, full basement, and 2-car garage. A good rehab will greatly increase this property's equity and profit potential. One of kind deal for rehab and flip in a great neighborhood with homes selling between $750,000 and $1,100,000!!!

PROPERTY DETAILS
Property Type: 3 Units

e (ARV): $800K-950K
Beds: 8
Baths: 5
Sq.Ft: 2,350
Sq.Ft Lot: 2,976
Year Built: 1893
Construction: Frame
Garage: 2-Cars
Basement: Full
Condition / Repairs needed: Needs Roof ,plumbing,electrical,some flooring on some areas,replace windows (except 2nd floor they are new 

Recent Upgrades: None
Monthly Rent: $3,600
Occupancy: Fully Rented
MONTHLY EXPENSES
Taxes: $380/month
Water: $75/month
Heat: Tenant Pays
Electricity: Tenant Pays
Garbage: $15/month
Insurance: $80/month

NEARBY HOMES FOR SALE

https://www.redfin.com/IL/Chicago/1630-N-Claremont-Ave-60647/home/13355064

https://www.redfin.com/IL/Chicago/1746-N-Artesian-Ave-60647/home/1341

COMS

http://www.koenigrubloff.com/homes-for-sale/1737-N-Artesian-Avenue-Chicago-IL-60647-180664129

https://www.redfin.com/IL/Chicago/1758-N-Rockwell-St-60647/home/39505323

PICTURES

https://www.dropbox.com/sh/sfdymb3z4qjq08v/AAAfvL1XRZz0mnYlG4AMacz3a?dl=0

FOR MORE INFORMATION, CONTACT

Melsi Bifsha

773-968-8891

[email protected]