Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

108
Posts
36
Votes
Ramon Polo
  • Realtor
  • San Diego, CA
36
Votes |
108
Posts

[Tons of equity] 2-Unit Austin Area Chicago IL. $48,999. ARV 245K

Ramon Polo
  • Realtor
  • San Diego, CA
Posted

Address: 47 N Latrobe Ave, Chicago, IL 60644

Beds4
Baths2
1/2 Baths1
Sq. Ft.1860 sq ft
Year Built1895
GarageNone
BasementUnfinished
Lot Size3024

Tons of equity in this Brick 2 unit in the Austin area of Chicago IL. Only $48,999. Estimated after repair value $245,000.

Property needs a total gut rehab.

Brick 2 unit with 4 beds, 2.5 baths, unfinished basement, and 1860 sq feet.

Finish the basement to add 800 sq feet add 1 bath and 2 beds duplex or make a 3rd unit.

Rehabbed sold comparables in the Austin area sold for average $245,000.

After rehabbed property can rent for up to $3,000 per month.

=> 

Offering