Brick SFH in Auburn Gresham Chicago Only $62K ARV $170K

[Amin Ali]

3 Bed 1.5 Bath (All on main level) No Garage Full unfinished basement 2017 Taxes: $3010 Price: $62K Rehab: Cosmetic+ Finish basement and put up garage ($60-$65K in rehab. Cheaper if you have your own crew) ARV: $170K

Description Solid brick raised ranch in west Auburn Gresham. Property is in livable condition and will be an easy flip. The water heater, furnace, A/C unit, and roof are all less than 10 years old. Finish off basement with 1 or 2 beds and another full bath, add a garage, and install privacy fence for full value. Property is not vacant. Please do not disturb occupants.  CLICK HERE FOR PICS

Rents: Can rent up to $1500 per month. $18,000 per year!

Comps Sold: 1) 8730 S Wood St Chicago, IL 60620 - 5 Bed 2 Bath 1020 Sq Ft - Sold 7/5/18 For $208,000 - 0.1 miles away - On market 7 months(Owner listed for $230K he was unrealistic. They reduced to $197K on 4/14/18 and got a contract for over asking 2 weeks later) 2) 8730 S Honore St Chicago, IL 60620 - 4 Bed 2.5 Bath 1200 Sq Ft - Sold 3/29/18 For $165,000 - 0.1 miles away - On market 6 months 3) 8730 S Marshfield Ave Chicago, IL 60620 - 3 Bed 2.5 Bath 1328 Sq Ft - Sold 7/6/18 For $160,000 - 0.4 miles away - On market 4 months Contingent: 1) 8408 S Paulina St Chicago, IL 60620 - 4 Bed 2 Bath 1110 Sq Ft - 0.5 miles away - Listed at $189,900 2) 8714 S Wood St Chicago, IL 60620 - 4 Bed 2.5 Bath 1060 Sq Ft - 0.1 miles away - Listed at $179,000

Taxes will be prorated at 100% Buyer will receive title free and clear Buyer pays ALL closing costs Cash or hard money only Realtors add your commission POF required for viewing