7915 s Wabash - Brick Bungalow priced well below market!

[Zach Shuta]

We have available a brick single family home located at 7915 S Wabash, Chicago, IL 60619. This home needs extensive rehabbing but with it's second floor living space and hot south side location, should be worth between 180-220k after rehabbing depending on the level of renovation. Finish the basement, add a garage, new roof, and remodel entire interior for top dollar.

Owner is looking for a quick sale due to delinquent taxes but they do need some time for move-out so we can hold some of the sale proceeds in escrow until the family is completely moved out within 60-90 days.

Follow this link for some pictures and comparable sales.

We are asking $40,000 which you'll see is below the sale price of any similar distressed homes that have recently sold on the market.

We project the repairs to cost an estimated $90,000 for a full rehab. The first buyer to post 5k in earnest money with our attorney's office will get the deal. Buyers pay closing costs including all title, transfer fees and local transfer costs. Brokers and wholesalers are welcome to add their commissions. Buyers should do their own due-diligence as property is sold As-is with no guarantees from seller or brokers.