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Updated almost 9 years ago on . Most recent reply

User Stats

97
Posts
4
Votes
Sam Tfaily
  • Chicago, IL
4
Votes |
97
Posts

Brick SFH in a Hot Pocket in 60612 - Asking $85K - ARV $270K

Sam Tfaily
  • Chicago, IL
Posted
The Best Wholesale Real Estate Deals    
                    in Illinois
Here is the deal Top! Property Address: 2741 West Warren Boulevard, Chicago, IL 60612
  • County: Cook
  • Neighborhood: East Garfield Park
  • Asking Price: $84,900
  • ARV if Converted to SFH: $270K
  • ARV As 2 Units: $190K
NOTE: Currently 2 Units but Zoned as Single Family Home
  • Unit 1: 2 Bed / 1 Bath
  • Unit 2: 2 Bed / 1 Bath
  • Basement: Full Unfinished
  • Lot Size: 20X123
  • 2014 Taxes: $2,377

This is a great rehab opportunity in a strong little pocket on Warren Blvd. Rehab as 2 flat and turn the first-floor unit into a duplex for high returns or convert into a Single-Family Home for the big bucks. Either way, this is the lowest available property in this pocket. The next available property on the MLS is listed for $140K+.

P.S.: Take a look at the Gorgeous fireplace in this building!!!

Comps are within .65 miles of the subject property and were sold within the last 12 months.

Single Family Comps:

  • 2320 W Warren Blvd, Chicago, IL 60612 - Sold for $335K on 12/2015
  • 2721 W Gladys Ave , Chicago, IL 60612 - Sold for $279K on 06/2016
  • 3015 W Warren Blvd, Chicago, IL 60612 - Sold for $279K on 05/2016
  • 2459 W Adams St, Chicago, IL 60612 - Sold for $237K on 03/2016
  • 2619 W Monroe St, Chicago, IL 60612 - Sold $230K on 07/2016

2 Units Comps:

  • 2324 W Monroe St, Chicago, IL 60612 - Sold for $200K on 07/2016
  • 2321 W Warren Blvd, Chicago, IL 60612 - Sold for $195K on 02/2016
  • 2728 W Wilcox St, Chicago, Illinois 60612 - Sold for $190K on 06/2016

For more information and pictures call Sam at 847.752.4757


This is a wholesale deal. We have equitable interest in the property and we are selling our contract.
  • Cash or private/hard money only.
  • Buyer pays ALL closing costs which include Transfer taxes, title insurance, and title company fees.
  • Buyer will receive taxes prorated to 100 percent and free and clear title
  • Please do all your inspections and due diligence up front before contracting.
  • Realtors add your commission to the price.Proof of funds required for viewing.
  • Do you know someone that would buy this deal please forward this email we do compensate for marketers
  • The first one with a signed contract and earnest money gets the deal.
  • Do you need money? We have lenders ready to lend. Call us for more details
  • This is an IRA Qualified investment
Offering

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