All Forum Posts by: Tuan L.

@Mark Ainley recommends me posting here for contractor referral. I am looking for an experienced contractor that is licensed and insured for a project to convert a four plex to 2 row houses in Pullman district. The blueprint has been done. It will also require running new water line. If anyone has referral for contractor, please share with me. Really appreciate it.

Pump

Pump

ATTENTION ALL INVESTORS AND REHABBERS!! Fantastic investor opportunity in the Historic Pullman District! This Historic Rowhouse is already gutted and ready for your rehab. The building permit set was converting this building into 2 separate Rowhouses to include 3+1 beds and 2.5 baths in each unit. Each unit can sell for $150,000 based on comps in the area. Already have site survey and architectural plans approved by the city, just needs your contractor information! Don't pass this investment up! SOLD AS-IS

https://www.zillow.com/homedetails/11421-S-Champlain-Ave-Chicago-IL-60628/4155450_zpid/

I have an off market property in Evergreen Park, IL that I am considering selling as is. I purchased the house to fix it initially but I got burnt really bad by the GC. The GC did a really bad job and the house currently has stop-work order. The house is in the middle of the rehab work and there are issues with foundation. The village will require new permit to continue the work.

The plan is to have this as 2 stories houses with 5 beds and 3.5 baths and finished basement. This will take an experienced investor to continue to finish it. My realtor thinks the ARV is $310-$315k once finished. The house is big and the lot size is decent. There are also a couple of new construction houses listed for over $350k in this area.

Please contact me if through email you are interested in learning more about it.

ATTENTION ALL INVESTORS AND REHABBERS!! Fantastic investor opportunity in the Historic Pullman District! This Historic Rowhouse is already gutted and ready for your rehab. The architect plan is to convert this building into 2 separate Rowhouses to include 3+1 beds and 2.5 baths in each unit. Each unit can sell for $150,000 based on comps in the area. Also each side can be rented for $1500 or more in this area if you want to hold it long term. Already have site survey and architectural plans approved by the city, just needs your contractor information! Don't pass this investment up! SOLD AS-IS

https://www.realtor.com/realestateandhomes-detail/11421-S-Champlain-Ave_Chicago_IL_60628_M88904-11939

Each row house can also be rented for $1500-$1600 depending on the finish brining the total rent amount to $3000-$3200.

Update on the permit situation:

The City of Chicago has completed their review for the project at 11421-23 S Champlain. All departments, including Landmark, were approved except for plumbing. Plumbing’s comments are as follows:

1. The new water service shall be 1 1/2” with 20 GPM booster pump.
2. The new water meter shall be in a vault in the city parkway.

They will also require the electrical application filled out and signed by the electrician and letter of intent from the plumber.

So the permit is almost ready, just have to get the electrician and plumber application filled out. My architect can also work with buyer to get the permit fees reimbursed by the city.

Price reduced to $304,000

Price reduced to $249,000

2-story vinyl sided home in the Longwood Manor neighborhood, right across the street from The Beverly Neighborhood HOME! This 4 big bed, 4 bath property is situated on a huge 8300 Sq Ft lot with a brand new 2 car garage with plenty of room for family and friends. If you or your buyers are considering a house in this neighborhood, this is a beautiful house to consider. Open house on August 6 from 1-3pm