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Updated over 8 years ago on . Most recent reply

User Stats

86
Posts
15
Votes
Michelle Williams
  • Wholesaler
  • Chicago, IL
15
Votes |
86
Posts

Great Rehab or Buy and Hold Opportunity in Chicago

Michelle Williams
  • Wholesaler
  • Chicago, IL
Posted

Neighborhood: New City/Back of Yards

Single Family Home: 4 Bed 2 Bath (Possibly a 2 unit building)

Size: 2,205 sqft

ARV: $160,000

Price: $39,000 CASH (negotiable for quick sale)

Total Repair Cost: $61,940 (Conservative, significantly less with your own crew)

Total Fixed Costs: $5,488

Projected Gross Profit (with a 10% contingency) $48,000

Stories: 2 with attic and basement

Parking Spaces: 2

Tax Rate Code Area: 72001

Property is in an area that is about to undergo a major reconstruction. New SFH's are currently being built. A brand new Wholefoods opened last month approximately 1.5 miles away.

The Kennedy King College has relocated to this area and is in the process of expanding which has created a growth in the business sector.

We have other great rehab deals available NOW! None of our properties are EVER listed and we always have deals!

Be sure to join our V.I.P buyers list to hear about our hot deals BEFORE anyone else.

Call or email Michelle Williams with questions or to get access to our properties.

Email: [email protected]

Call: 312 869 2227 or drop me a line on BP!

Offering

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