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Updated over 6 years ago on . Most recent reply

User Stats

61
Posts
9
Votes
Amin Ali
  • Investor
  • Chicago, IL
9
Votes |
61
Posts

Brick 2 unit with garden in Auburn Gresham Chicago only $69K

Amin Ali
  • Investor
  • Chicago, IL
Posted
7 Bed 3 Bath
Brick 2 Car Garage
Finished Basement (Garden unit)
2440 Sq Ft
3990 Sq Ft Lot
Occupancy: Tenants on month to month
2017 Taxes: $3367.56

Price: $69,000
Rehab: Major Renovation
ARV: $230-$275K
CLICK HERE FOR ALL PICS
Description
Get this large brick 2 unit with garden apartment. Property has two large 3 bed 1 bath units above grade and another unit in basement with 1 bed and 1 bath. After renovation garden unit can easily have 2 or 3 beds. Building is on beautiful block in the hot Auburn Gresham area. Property will cashflow well with low taxes in the area. 9010 S Justine Sold for $262,500 just 3 weeks ago and didnt even have a finished basement!

Property may or may not be vacant at time of closing
Rents: Property can rent up to $3400 per month. That's $40,800 per year!
CLICK HERE FOR CMA
  • We are selling our interest in the contract we have on the property
  • Taxes will be prorated at 100%
  • Buyer will receive title free and clear
  • Please do your own due diligence before contracting
  • Buyer pays ALL closing costs
  • Cash or hard money only
  • POF required for viewing
*All information is deemed reliable, but not guaranteed.

Wholesalers
Please do not post property on any website. Also you must be direct with buyer, no daisy chains.

Buyers
A signed assignment contract and earnest money gets the deal. Cash buyers are required to give a $2,500 EM deposit. Hard money buyers are required to give $3,500. All earnest money will be held by our attorney or closing title company.

Brokers
Please add your commission to the sales price
Amin Ali - IL Licensed Broker with Kale Realty
All Day Investments, LLC
Owner
(312) 800-1617 (office)
(773) 426-9906 (cell)
www.alldayinvestments.com (web)
Offering

Most Popular Reply

User Stats

61
Posts
9
Votes
Amin Ali
  • Investor
  • Chicago, IL
9
Votes |
61
Posts
Amin Ali
  • Investor
  • Chicago, IL
Replied

@Ryan Blake These are the market rental rates after the property is rehabbed. Bigger pockets made this a required field. I really did not want to add a rent price but was forced to. There are tenants in the building but they will need to moved out to complete renovation. 

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