Solid Brick Bungalow in Auburn Gresham Chicago. Wont last long!

[Amin Ali]

4 Bed 1 Bath (3 beds on main level) 

2 Car Garage
Unfinished Basement
Partially Finished Attic
1304 Sq Ft (On main level)
3750 Sq Ft Lot
2017 Taxes: $2259
Occupancy: Tenant at will (Property will be vacant at closing)

Price: $65K
Rehab: Cosmetic to Medium
ARV: $220K

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Description

Brick bungalow in West Auburn Gresham on nice block. 3 bed 1 bath on main level. Property is in livable shape. All mechanicals were updated within the last 10 years. Needs new water heater but furnace looks good. Also, needs A/C unit. Finish basement with bed and bath. Also, finish attic with master suite and master bath. Total of 5 bed 3 bath for maximum potential. Garage will need all new siding and some framing. Garage roof looks good. Roof on house looks good but might need some minor work.

Comps 1) 8106 S Hermitage Ave Chicago, IL 60620 - 5 Bed 3 Bath 1407 Sq Ft (On main level) - Sold 3/28/18 For $230,000 - 0.7 miles away - On market 6 months 2) 8144 S Hermitage Ave Chicago, IL 60620 - 6 Bed 3 Bath 1395 Sq Ft (On main level) - Sold 4/25/18 For $229,900 - 0.7 miles away - On market 1.5 months 3) 7611 S Wood St Chicago, IL 60620 - 5 Bed 3 Bath 1725 Sq ft (On main level) - Sold 5/31/18 for $228,500 - 0.1 miles away - On market 2 months 

• 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