Brick 2 unit only 50K - Auburn Gresham 170k+ arv

[Zach Shuta]

We have an off-market opportunity ready for your next flip or cash flow play! 8132 S Marshfield is a Brick 2 flat that is available for a quick close. Asking 50k, Sold As-Is.

This property is located on a great block in Auburn/Gresham Neighborhood and is currently vacant and needs a full renovation. The windows and structure are in good condition, but interior, roof and garage need attention. The building features two 2bed/1bath units each with a rear den/addition. The basement offers high ceilings and the mechanicals are largely in tact. Buyers should do their own due diligence before making an offer.

Pictures and inspection report

Rehabbed 2 units in the neighborhood range from 140k to 230k depending on level of finishes. Some of the recent comparable sales are as follows:

7928 S Hermitage Ave , Chicago, IL 60620 - SOLD in MAY for 139.9k

7951 S Paulina St , Chicago, IL 60620-4524 - Sold in July 155.9K

8150 S Marshfield Ave , Chicago, IL 60620 - CTG - 159.9k

7838 S Loomis Blvd , Chicago, IL 60620 - SOLD in Aug 172k

7934 S Loomis Blvd , Chicago, IL 60620 - PEND - 230K

units should rent for s$11-1200/m.

Sold As-is. Buyer to pay all closing costs including title fees, transfer fees and their own legal fees. Selling to the first buyer to execute all-cash purchase contract with 3k earnest money deposit.

Contact Zach directly via email for showing requests. Please include proof of funds.