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Updated over 7 years ago on . Most recent reply

User Stats

80
Posts
23
Votes
Stephen R.
  • Investor
  • NEWTOWN, CT
23
Votes |
80
Posts

OFF MARKET WHOLESALE. GATED W/ PRIVATE AIRFIELD. MONEE IL

Stephen R.
  • Investor
  • NEWTOWN, CT
Posted

Wholesale deal

Built in 2004. 

5BR, 4.5BA, SFR, 4,308 sq ft.

Gated community with private airstrip. Approximately 1 hour south of Chicago O'Hare International Airport

Estimate $65k in rehab. (Kitchen, bath, paint, light fixtures, flooring)

Current BPO as-is: $329,900 (Assumes occupancy and ~ $89k in back taxes/liens)

Comps: 

25305 S. Doolittle Dr.

6963 W. Gabreski Ln.

6824 W. Wagner Dr.

ARV: $450,000

Seller has initiated eviction of squatter. Seller to pay all eviction costs. Attorney estimates 4-6 weeks remaining as of 7/17. 

Property to be delivered with clean title. Seller to pay all back taxes and HOA lien.

Cash or financing.

Closing on or before 8/15/17

$215,000

Offering

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