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Updated about 7 years ago on . Most recent reply

User Stats

208
Posts
64
Votes
Fernando Angelucci
  • Developer
  • Chicago, IL
64
Votes |
208
Posts

Easy Single Family Fix and Flip in Algonquin IL Chicago Suburb

Fernando Angelucci
  • Developer
  • Chicago, IL
Posted

We have available for immediate assignment a beautiful single-family home in the red-hot Gaslight West subdivision of Algonquin for $190,000.

1435 Gaslight Dr., Algonquin, IL 60102

  • Built: 1985
  • Size: 2,352 sq. ft.
  • Bedrooms: 4
  • Bathrooms: 3.5
  • Basement: Full unfinished
  • Taxes: $7,694
  • Estimated Rehab: $65,000
  • Estimated ARV: $320,000
  • Rehab needed: Paint throughout, update kitchens and baths, clean gutters, install hardwood floors or new carpet on 2nd floor, seal and/or finish basement, landscaping.
  • Other Details: The home is located in the highly desired Gaslight West neighborhood of Algonquin, being serviced by Neubert Elementary School (9/10 GreatSchools Rating) and Harry D. Jacobs High School (9/10 GreatSchools Rating). The property is in need of a cosmetic facelift to achieve top sales price but has been owner occupied and has been maintained with the pride of ownership. Average time on market in the area has been less than 21 days.

MLS Sold Comparables: https://www.dropbox.com/s/w1cnz33y4i6ww7c/MLS%20Sold%20Comparables%201435%20Gaslight%20Dr.%2C%20Algonquin%2C%20IL%20.pdf?dl=0

Photos: https://www.dropbox.com/sh/ly137rayzdym702/AABOUoE-samYNVNwyUNuzYQma?dl=0

If you have any questions or interest, please do not hesitate to reach out as this one will not last long. We will be conducting a single showing next week for all interested parties so please respond with your preferred availability. A showing will not be held if the deal is assigned sight unseen. The deal goes to the first person to sign the assignment of contract and remit the assignment fee. 

Offering

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