Pilsen Greystone 3 Flat on the El Paseo Trail

[Michael Kevorkian]

Investment Info:

Small multi-family (2-4 units) wholesale investment in Chicago.

Purchase price: $325,000
Cash invested: $1,000
Sale price: $405,000

Brought to me by a Realtor as an off market deal. Signed the contract, sent a few emails out to my top buyers and sold it in a week. The buyer funded the property, listed on the MLS and sold it as-is for $576,000!

[Jason Marcordes]

@Doran Summers @Joe Cassandra That deal is legit - I watched it happen because I wanted to buy it but I wasn't quick enough! That area has been appreciating so rapidly there's a huge disparity between prices that are on and off the market.