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Updated about 9 years ago on .

User Stats

25
Posts
3
Votes
Zach Shuta
  • Residential Real Estate Broker
  • Chicago, IL
3
Votes |
25
Posts

Hot Deal Available - 2 Flat rehab or New Construction

Zach Shuta
  • Residential Real Estate Broker
  • Chicago, IL
Posted

Wholesale Deal: Selling Brick 2 unit.  Purchase for 50K.  This is a nice 2 unit that is nearly ready to rent.  3/1 and 2/1 with newer roof, brick work, windows and both baths remodeled already.  Kitchen, paint and floors need updating.  

Purchase: 50K

Updates: 25K

ARV: 125K (comps as high as 160s for rehabs - please ad costs of furnace install and garage for this type of arv)

Rents: $2000/m 

CAP Rate: 16%

Email me for more info.  [email protected]  312-818-2554

Also!  I have a vacant lot in Irving park available 210K.  Zoned R3. 

Offering