Arlington Heights Fix and Flip Single Family

[Fernando Angelucci]

Would you or someone you know be interested in a fix and flip on a large lot of the Lake Arlington subdivision of Arlington Heights? This is a short sale deal that we have been working on for close to two years and we finally are clear to close!

2150 N Coldspring Rd., Arlington Heights, IL 60004

Price: $370,000

4 Bedrooms, 3.5 Baths, 3,650 sq. ft.

Built: 1993

Lot Size: 0.28 acres

Taxes (2016): $15,455

Estimated After Repair Value: $600,000+

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 to sell before winter.

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

COMPS: https://www.dropbox.com/s/cq0ul7uf51297ea/MLS%20Sold%20Comparables%20for%202150%20N.%20Coldspring%20Rd.%2C%20Arlington%20Heights%2C%20IL.pdf?dl=0

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. If you are a wholesaler interested in marketing this deal, you must get our explicit approval before doing so. Please let us know if you have any questions or interest as this one will not last long.