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Updated almost 7 years ago,
Fix & Flip or B&H Opportunity - Country Club Hills (Cook County)
Spacious 4 bed / 2 bath 1,375 SF ranch with a great layout. 2-car detached garage, central A/C. Newer furnace (2 yrs old) and water heater (5 yrs old)! Needs cosmetic updates for flip or rental investment.
Price: $88,000 Estimated ARV: $145,000+ Market Rent: $1,900/MoSection 8 Rent: $2,530/Mo
*Highest Section 8 Rental Rates in Cook County!
Taxes: $5,386
*Layout allows for easy conversion of existing space to 5 bedrooms!! Increase ARV, increase market rent to $2,100+/mo, and increase Section 8 rent to $2,905/mo!- All viewings are to be scheduled by appointment only!!
Link for pictures: CLICK HERE FOR PICTURES
Recent Comparable Retail Sales within 1/2 mile
4520 185TH St,Country Club Hills, IL 60478
4 beds 1 bath 1,500 sqft
SOLD: 144,000 on 02/26/18
18761 John Ave,Country Club Hills, IL 60478
4 beds 1 bath 1,400 sqft
SOLD: $146,500 on 03/30/18
Closing is scheduled on or before May 7th. Buyer pays normal buy-side closing costs, Seller pays normal sell side closing costs including title insurance. Taxes prorated 105%.
Please note:
This is a wholesale deal and we will assign our equitable interest. Property is being sold as-is, where-is. All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions, either made or implied. No survey provided. Buyer shall conduct own due diligence prior to contracting. Property is to be sold to CASH buyers only. To secure purchase, Buyer must deliver $2,500 NON-REFUNDABLE deposit w/signed contract. Asking price above includes original contract price and assignment fee. Josh