Call me at 872.395.3519 or email me at [email protected] to make an offer or if you want to see more pictures.
This 2 Units Multi-Family in Chicago, IL. is Only $49,500. After Repair Value $219,000. Brick 2 units with 2 beds and 1 bath is unit1 and 3 beds and 2 bath in the unit2. Property was gutted and for rehab and had about $40,000 spent on it. Owner ran out of money and now must sell.
The property comes with rehab permit, Architectural plans and lots of work done. Here is some of what was done:
1. Brand new windows
2. Brand new plumbing
3. Brand new Electric
4. New meters
Estimated rehab costs is 60,000 to 65,000. Sold comparables are a few blocks away sold for $215,000 to $219,000. Property can be rented for $3000 per month once completed. This is the best deal in East Garfield Park act fast.
Here are some of the Comps:
- 2818 W Arthington St , Chicago, Illinois 60612 - Sold on 09/2015 for $219K
- 3006 W Taylor St , Chicago, Illinois 60612 - Sold on 05/2016 for $215K
- 2429 W Lexington St , Chicago, Illinois 60612 - Sold on 11/2015 for $250K
- 2912 W Lexington St , Chicago, Illinois 60612 - Sold on 10/2015 for $225K
This is a wholesale deal. Do your due diligence before making an offer.
The first one with a signed contract and earnest money gets the deal.
Buyer pays ALL closing costs. Buyer will receive taxes prorated to 100 percent and free and clear title
Please due all your inspections and due diligence up front before contracting.
Realtors add whatever fee you want.
Proof of funds required for viewing.
Do you need money? We have lenders ready to lend. Call us for more details