Arlington Heights Fix and Flip Single Family Chicago Suburbs

[Fernando Angelucci]

Hello BP!

Would you or someone you know be interested in a fix and flip on a corner lot of the Lake Arlington neighborhood of Arlington Heights? Already in great shape but can use some updating.

2150 N Coldspring Rd., Arlington Heights, IL 60004

Price: $385,000

After Repair Value: $625,000

Built: 1993

Size: 3,650 sq. ft.

Lot Size: 0.28 acres

Beds: 4

Baths: 3.5

Taxes (2016): $15,455

Rehab: Update kitchen and baths, finish basement, landscape, and cosmetic

Details: This recently built home resides in the Lake Arlington community which features great school districts, multiple parks, and a lake that one can boat on. This brick and cedar single family home was owned by a master plaster craftsman and is adorned with his handy work. The rehab can be summarized as cosmetic and stylistic updating with a quick turnaround just in time for the hot spring market.

PHOTOS: https://www.dropbox.com/sh/vmn22kj31z6dqxm/AABqGk_lVGr0GsH3Tx-yjld6a?dl=0

COMPS: https://www.dropbox.com/sh/smtd1xopkmrnvpn/AACIaQ5ACNusGQSoTziDXdg3a?dl=0

Sold Comps: $835K – $655K

We will be conducting showings until the deal is sold. The deal goes to the first person to sign the assignment of land trust agreement and remit the assignment fee. Please let us know if you have any questions or interest as this one will not last long! Must close before February 22nd.

EMAIL OR CALL ME FROM THE CONTACT INFO ON MY PROFILE. I DO NOT CHECK BP FREQUENTLY.