Brick 2 Flat in Garfield Park - Asking $49K - ARV $175K

[Sam Tfaily]

The Best Wholesale Real Estate Deals in Illinois

Here is the deal Top!Property Address: 3135 W Lexington St, Chicago, IL 60612 County: Cook Neighborhood: East Garfield Park Asking Price: $49,900 ARV As 2 Units: $175K Unit 1: 2 Bed / 1 Bath Unit 2: 3 Bed / 1 Bath Basement: Full Unfinished Basement Lot Size: 25X125 2015 Taxes: $3,215 There are newer construction properties all around. This is a good clean block in a solid area. Property needs a full gut. First floor has 2 beds 1 bath and the second floor has 3 beds 1 bath. Units could rent for $1,200 and $1,000. This is the lowest available property in this market. The next available deal within a .5 mile radius is a ridiculous 2 flat listed for $55K. Act fast because this one won't last long! Comps are within .5 miles of the subject property and were sold within the last 9 months. 2 Units Comps: 3006 W Taylor St , Chicago, IL 60612 - Sold for $215K on 05/2016 2724 W Lexington St , Chicago, IL 60612 - Sold for $206K on 09/2016 322 S Spaulding Ave , Chicago, IL 60623 - Sold for $183K on 04/2016 3106 W Flournoy St , Chicago, IL 60612 - Sold for $164K on 04/2016 For more information 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