Rehab Opty in Elmhurst - Asking $229K - ARV $340K

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Rehab Opty in Elmhurst - Asking $229K - ARV $340K

Chicago, IL · Member since 2014 · 97 posts · 4 votes

Property Address: 285 N Ridgeland Ave , Elmhurst IL 60126

Asking Price: $229,900

ARV: $340,000

Type: Single Family - 3/1 Ranch

Garage: 2 Car Detached

Lot Size: 50x165x40x14x155

Check out this 3/1 Ranch in Elmhurst, IL. Priced lower than any available property within .75 mile. Asking $229,900 After Repair Value $340,000.

Drive by without disturbing tenants, or call to schedule a full walk through.

Sold comps are few blocks away sold for $305,000 to $350,000. Property can be rented for $2000 per month once completed. This is the best deal in Elmhurst act fast.

Here are some of the Comps:

  • 314 N Elm Ave , Elmhurst, IL 60126 - Sold on 08/2015 for $325K
  • 316 N Shady Ln , Elmhurst, IL 60126 - Sold on 05/2016 for $305K
  • 541 N Walnut St , Elmhurst, IL 60126 - Sold on 01/2016 for $340K
  • 188 N Evergreen Ave , Elmhurst, IL 60126 - Sold on 6/2016 for $350K

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 know someone that would buy this deal please forward this email we do compensate for referrals
  • Do you need money? We have lenders ready to lend. Call us for more details
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