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Updated about 8 years ago,

User Stats

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

Brick 2 Flat in Garfield Park - Asking $49K - ARV $175K

Sam Tfaily
  • Chicago, IL
Posted
The Best Wholesale Real Estate Deals in Illinois
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Here is the deal Top!Property Address: 3135 W Lexington St, Chicago, IL 60612
  • County: Cook
  • Neighborhood: East Garfield Park
  • Asking Price: $49,900
  • ARV As 2 Units: $175K
  • Unit 1: 2 Bed / 1 Bath
  • Unit 2: 3 Bed / 1 Bath
  • Basement: Full Unfinished Basement
  • Lot Size: 25X125
  • 2015 Taxes: $3,215

There are newer construction properties all around. This is a good clean block in a solid area. Property needs a full gut. First floor has 2 beds 1 bath and the second floor has 3 beds 1 bath. Units could rent for $1,200 and $1,000.

This is the lowest available property in this market. The next available deal within a .5 mile radius is a ridiculous 2 flat listed for $55K. Act fast because this one won't last long!

Comps are within .5 miles of the subject property and were sold within the last 9 months.

2 Units Comps:

  • 3006 W Taylor St , Chicago, IL 60612 - Sold for $215K on 05/2016
  • 2724 W Lexington St , Chicago, IL 60612 - Sold for $206K on 09/2016
  • 322 S Spaulding Ave , Chicago, IL 60623 - Sold for $183K on 04/2016
  • 3106 W Flournoy St , Chicago, IL 60612 - Sold for $164K on 04/2016

For more information call Sam at 847.752.4757

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 do 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