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Archived about 1 month ago

$40,000

3 bd 1Β½ ba

6350 S Parnell , Chicago, IL 60621

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$1,530

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Wholesale Opportunity: 3 Bedroom, 1.5 Bath Fixer-Upper

🏠 Wholesale Opportunity: 3 Bedroom, 1.5 Bath Fixer-Upper

πŸ”₯ Calling All Investors and Flippers! πŸ”₯

This 3-bedroom, 1.5-bath property is available as a wholesale deal. The home requires a full renovation, making it a perfect opportunity for investors looking to add value and maximize returns available for $40000

Details:

Bedrooms: 3
Bathrooms: 1.5
Condition: Needs full rehab
Financing: Cash or Hard Money Only
Find Comparables Here

ADDRESS PROXIMITY SALE DATE SALE PRICE YR BUILT BED BATH BUILDING PRICE PER LOT
638 W 62ND ST 0.28 mi 9/20/2024 $236,000 1883 3 2.0 740 $319 3175
260 W 65TH ST 0.35 mi 8/27/2024 $285,000 2004 3 2.0 1431 $199 3236
6659 S STEWART AVE 0.45 mi 8/26/2024 $250,000 2008 3 2.0 1505 $166 5421
Added Value for Buyers:

We can connect you with reliable contractors ready to tackle the renovation.
Access to hard money lenders available to fund your investment quickly.
This deal won’t last long! Serious inquiries only.

πŸ“ž Contact us today for more details and to schedule a walkthrough at (312) 681-7487

We are Licensed Brokers with The Smith Group (Brokered by Kale Realty)

Eugene L Beckles & Crystal Smith (LIC #475.188942

Location:

6350 S Parnell , Chicago, IL 60621

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.