Oak Park Single Family Flip 33% ROI

[Fernando Angelucci]

We have available for immediate assignments a brick single family home in Oak Park on a corner lot. Tear the roof off and a build a second level for a total of 2,900+ square feet above grade. Recently updated roof, electrical, hot water heater and furnace. Finish the basement for additional value and living space.

1050 N Taylor St. Oak Park, IL 60302

Price: $259,000

ARV: $650,000

2 bedrooms, 2 bathrooms (current)

4-5 bedrooms, 3-4 bathrooms (proposed)

Size: 1462 sq. ft. (current not including basement)

Size: 2900 sq. ft. (proposed not including basement)

Built: 1924

Lot Size: 3807 sq. ft.

Taxes: $9,914

PHOTOS AND VIDEO WALKTHROUGH: https://www.dropbox.com/sh/450zpiv53m55ret/AADRmePO33H-8JwddX0VnUaaa?dl=0

SOLD COMPS: https://www.dropbox.com/sh/lgz64b0e1dvrvdw/AAAXzFSi8410bH5CsC3maBUDa?dl=0

Price: $259K

Rehab: $190K

Resale Value: $650K

Realtor Commission: $39K (6%)

Profit: $156K

ROI: 33%

Private showings will be conducted upon request. The deal goes to the first person to sign the purchase agreement and remit $5,000 earnest money. If you are a wholesaler and are interested in marketing this deal, you must obtain our permission first. If you have any questions or interest in moving forward, please do not hesitate to reach out as this one will not last long!