Solid Deal for Wholesale,12% ROI or 50/50 spit on quick flip

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Solid Deal for Wholesale,12% ROI or 50/50 spit on quick flip

Real Estate Investor · Chicago, IL · Member since 2015 · 34 posts · 5 votes

Take a look at this solid deal in the quiet Ashburn neighborhood in Chicago's southwest side. 

Property Details

Purchase Price: 95k

Rehab: 35,900

ARV: $180,000

Address: 2622 W 83rd Street, Chicago, IL 60652

Type: Single Family Residence

Building Specifications Upon Completion: 1,100 Sqft – 2 Beds – 2 Baths

Project Timeframe: 4-6 Months

After Repair Value: $180,000

Project Description: The existing property is a 2 bedroom, 2 bathroom, 1,100sqft raised ranch home. The final product will be a completely renovated 3 bedroom, 2 bathroom home with a finished basement and 1,600 sqft of living space.

Scope of Work. The main level including both bedrooms will have a completely new look with refinished hardwood floors, fixtures, paint, and trim. The kitchen is going to be completely overhauled with new ceramic tile floors, 42” white shaker cabinets, granite countertops, subway tile backsplash, and a stainless steel appliance package. Both bathrooms, first floor and basement, will get completely renovated. The basement will get finished with new ceramic tile floors, paint, trim, and will feature a family room, laundry area, and an additional bedroom. The exterior of the property will get a new roof, siding, gutters, and soffits.

Take a look at our investor proposal for to see if you would like a 12% ROI on debt or 50/50 Split of profits. We are also looking to wholesale for 3k assignment fee.

Reply or contact me directly at 312-874-0506 or at [email protected]

Investor Proposal

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