West-Town Condo Purchase

[Draper Shankle]

Investment Info:

Single-family residence fix & flip investment in Chicago.

Purchase price: $405,000
Cash invested: $10,000
Sale price: $545,000

Condo in West Town.

What made you interested in investing in this type of deal?

Close to Google, demo permits in the area are all over the place for new developments, Tesla is close by, restaurants and office buildings continue to go up like crazy.

How did you find this deal and how did you negotiate it?

MLS.

How did you finance this deal?

Traditional.

How did you add value to the deal?

Cosmetic.

What was the outcome?

Purchase. Update. Sell.