Brick 2 Flat - Cashflow $2K/m in 60615 - Asking $119K - ARV $265K

[Sam Tfaily]

The Best Wholesale Real Estate Deals in Illinois

Property Address: 5032 S Prairie Ave, Chicago, IL 60615

• Neighborhood: South Side
• Township: Hyde Park

Asking Price: $134,900

ARV: $265,000

Type: 2 Units Brick Multi-Family with full basement

• First Floor - 3 bed - 1 bath $1200
• Second Floor - 3 bed - 1 bath $1200
• Basement - Open floor (Could be converted into 3rd unit)

Lot Size: 24 x 161 ft

This property is located in the corner of Hyde Park where all the Check out this Cash Flowing brick 2 units with high equity in Chicago, IL. Fully occupied with $2,400 in rent monthly.

Don't let this deal get out of your hands. There are only 4 available properties on the market within half mile radius and this is the best out of the 4.

This property is priced to sell, with ARV over $200,000 and there is enough equity to rehab, 100% refinance and hold this deal and still cash flow.

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

Sold comps are within .5 miles from the subject property and have been sold within the last 12 months.

Here are some 2 Units Comps:

• 4743 S Wabash Ave , Chicago, IL 60615 - Sold on 12/2015 for $320K
• 4823 S Calumet Ave , Chicago, IL 60615 - Sold on 05/2016 for $196K

Here are some 3 Units Comps:

5431 S Indiana Ave , Chicago, IL 60615 - Sold on 08/2015 for $265K

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
• This is an IRA Qualified investment