Opportunity for Builders - Discounted Bundle Multi Plus 2 Extra

[Melsi Bifsha]

 LOGAN SQUARE 

1800-1806 N Monticello

Chicago,IL 60647 

This is a wholesale deal *******WE WILL NOT CO-WHOLESALE*****

***Opportunity for experienced builders with a track record on new construction. Be ready to provide an entity and POF upon request.

ADDRESSES


LOT: 1800 N Monticello Ave, Chicago, IL60647,Sq.Ft Lot: 3,125


LOT: 1804 N Monticello Ave, Chicago, IL60647, Sq.Ft Lot: 3,125


5-UNIT: 1806 N Monticello Ave, Chicago, IL60647


5-unit building with 2 lots next to the famous Trail-606. Last lots available for sale amid a frenzy of new construction in this area. Excellent opportunity to build 9 to 12 condos for BIG profits! ACT NOW! These deeply discounted lots won't last!!!.

LOW ASKING PRICE FOR BUNDLE OF 3: $875,000

HUGE PROFIT POTENTIAL


Build New Condominiums:

Total Sales $2,475,000 to $3,300,000
Zoned RS-3 Can be up-zoned to RS-4


Zoned RS-3 Build 9 condos can sell for $275,000 each to total $2,475,000.00


Zoned RS-4 Build 12 condos can sell for $275,000 each to total $3,300,000.00


5 UNIT BUILDING DETAILS


1806 N Monticello Ave, Chicago, IL60647


County: COOK


No repairs required


After Repair Value (ARV): $750,000


Beds / Baths: 4 X 2/1 & 1 X 1/1


Sq.Ft: 4,417
Sq.

Ft Lot: 3,150


Year Built:1886


Garage: NO


Basement: YES


Recent Upgrades: One unit fully re-modeled 6 months ago, 5 water tanks replaced 3 months ago.


Current Rent: 3 X $700, 1 X $600, 1 X S8 $910. TOTAL $3,610/mo


Potential Rent: 5 X $910. TOTAL $4,550/mo


MONTHLY EXPENSES


Taxes: $544/mo


Water: $166/mo


Heat: Tenant pays own (Forced air furnace)
Electricity: Tenant pays own


Garbage: $38/mo


Insurance: $187/mo

SIMILAR PROPERTIES SOLD

https://www.redfin.com/IL/Chicago/3555-W-Cortland-...

https://www.redfin.com/IL/Chicago/3409-W-Cortland-...

SIMILAR PROPERTIES FOR SALE


https://www.redfin.com/IL/Chicago/3572-W-Cortland-...
https://www.redfin.com/IL/Chicago/3431-West-North-...

PICTURES OF ALL PROPERTIES 


https://www.dropbox.com/sh/q56p3j94c6qn41g/AAC_qQd...


FOR MORE DETAILED INFORMATION CONTACT ME 

CASH COW GROUP LLC


Melsi Bifsha


TEL:773-968-8891

[email protected]