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Updated about 7 years ago on .

User Stats

319
Posts
153
Votes
Larmon Cummings Jr
  • Flipper/Rehabber
  • Chicago, IL
153
Votes |
319
Posts

Off Market Chicago South Suburb Flip Deal

Larmon Cummings Jr
  • Flipper/Rehabber
  • Chicago, IL
Posted

Here is a new property that I need to get rid of. The property is in great shape and maintained by long time owners as you can see from the pictures. Expect a blank canvas as the items in the property will be removed prior to closing, so bring your creative design ideas. You can perform a light cosmetic rehab and sell it retail to a homeowner looking to live on a quiet block in a good neighborhood, or someone can purchase it for themselves to call home. The property sits on close to a .5 acre wooded lot with lots of land surrounding it that retail buyers look for in this area. The property has recent upgrades to big ticket items such as new roof on the home and garage, newer siding, windows, and the HVAC and hot water tank are in good shape, so the rehab budget would be primarily to update the interior of the property to attract retail homebuyers. Not sure how long this one will last, so if you're interested let me know as soon as you can and we can get you in there to take a look at it. Thanks

Address: 18761 Loretto Ln. Country Club Hills

3bd 1.5ba

Frame Ranch 1,375 sq.ft/ Lot .5 acre Property Taxes (2016)-$4,228.53 (HO & Senior Exemptions) Asking: $65k + Buyer pays ALL closing costs (transfer stamps, title insurance, title company fees). **Make me a serious offer and we can discuss it further** ARV: $125-130k As-Is Value: $70-75k Repairs: $20-25k **Can adjust budget depending on finishes completed. Target the budget to the kitchen and baths for maximum value. Link To CMA: http://cloudcma.com/pdf/2ad130e2786ea4da8f7ad63d16... Link To Trulia: https://www.trulia.com/homes/Illinois/Country_Club... Dropbox Link To View More Pictures: https://www.dropbox.com/sh/065obvkdr5rnmf3/AACiGHi... ACT FAST, THIS WILL NOT LAST LONG!!! THE FIRST ONE WITH A SIGNED CONTRACT AND EARNEST MONEY GETS THE DEAL!!!! We have equitable interest in the property and we are selling our contract. Cash or private/ hard money only. We have lender referrals ready to lend- contact us. We also have contractors that are licensed, bonded, and insured ready to give you a free quote today. Buyer pays ALL closing costs which include transfer taxes, title insurance, and title company fees. Buyer will receive taxes prorated at 100% with a free and clear title. Property being sold "As-Is" with no warranties by Seller. Please do all of your inspections and due diligence up front before contracting. Feel free to drive by. DO NOT DISTURB OCCUPANTS. 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 as we do compensate generously for referrals. If you have a property you want to get rid of, want a quick sale, and need a buyer-contact us today. For showings email: [email protected] or text (708) 304-3129
Offering