A straightforward way to estimate value is by looking at the price per square foot and using that to calculate your property's worth.In situations like this, it's worth spending a couple of hours yourself to get a solid understanding of the market.

Found an awesome deal on Craigslist and it allowed me to get my foot in the door with an investor (owner of the property I arbitraged.)

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $850,000

Cash invested: $500,000

Sale price: $2,250,000

Purchased , knocked down, built new from ground up

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Then wherever the water is getting discharged off of the roof, that what water is getting at least 4-5 foot away from the structure before it is left to drain with gravity away from the property. 

Cash invested: $60,000 656 sq foot, 1 BR Condo What made you interested in investing in this type of deal?

The benefit to these is you get your foot into the door without a ton of capital and as time goes you can move out and cashflow on the property.

I have noticed quite a few posters lately that are requesting help, opinions, prices and information on their properties where a good answer would require either the square footage, the location or both....and they provide neither.

Areas like Logan Square, Lincoln Park, and Pilsen attract renters due to their trendy amenities and access to public transit.

Whether it’s reconfiguring layouts, adding square footage, or converting single-family homes into multi-unit rentals, the goal is to unlock value where others don’t see it.Distressed properties aren’t for everyone, but for those willing to put in the work, they offer some of the best returns in real estate. 

I would take out a private loan on the paid off property to get the other one squared away