It's in Bucktown at roughly Western & Fullerton.It was gut rehabbed in 2018 and we installed nice cabinets, granite, SS appliances, in-unit W/D, A/C and redid the hardwood floors. 

So you can potential fix the leaky roof or change the locks and get reimbursed, but you add granite counters and new vinyl windows, you might not get that cost back.New law here seems like 2-3 years ago voids the rights of 3rd parties purchasing redemption rights.   

We bought some notes from him when he was running Granite about 4 years ago and it didn't turn out well.

New windows, siding, roof, gutters, front and side porch, landscaping, electrical, plumbing, cabinets, granite countertops, HVAC, etc..

We added granite in the kitchen and cleaned them up a bit.

Purchase price: $125,000 Cash invested: $85,000 Started off as a run down outdated 1 bedroom 1 bath home in Sanger - was purchased from a wholesaler for $125k - Added 1 full bedroom to the house, replaced wall heaters and window AC with HVAC ands ducting throughout - replaced old circuit breaker panel with new updated one and rewired interior electrical, replaced all windows with dual pane windows, replaced most of the doors, laid new carpeting in the bedrooms and wood plank flooring in the living room, tile in kitchen and bath, added new baseboards and painted interior, replaced all doors in the house, granite countertops, new lower cabinets, all new appliances, added rails to the front porch, converted an older closet into a laundry room / new closet, completely remodeled bathroom to make way for a new door to the new bedroom ( not shown in pics), new wall tile in tub/shower, redid some roofing, and painted the entire exterior.

Add 1 bedroom to the house, HVAC and ducting throughout , rewired interior electrical, all new dual pane windows, replaced doors, new carpeting in the bedrooms and wood plank flooring in the living room, tile in kitchen and bath, added new baseboards and painted interior, replaced all doors in the house, granite countertops, new cabinets, all new appliances, a laundry room / new closet, remodeled bathroom, new tile in shower, redid some roofing, and painted the entire exterior.

LVP Flooring, Tiled both bathrooms, new paint throughout, granite countertops throughout, new carpet, new appliances, panted cabinets.What was the outcome?

In other words, go middle of the road with most things.Where I'm thinking of spending a little extra is on low-end granite countertops and a fridge with an ice maker.

However, after speaking with a couple agents who represented nearby listings, my understanding is the home could fetch a $215-220k ARV as a flip (would require stainless steel appliances, granite countertops, custom finishes, etc.).