Updated almost 9 years ago on .
Great opportunity- 2 Flat 2 blocks from Englewood Wholefoods
The Address is 6105 S Green St, Chicago IL 60621
1st Floor duplex down Top 2bed 1 bath Lower level 2bed 1bath
2nd floor 3bed 1 bath
Renter occupied Renting for $700 each unit with opportunity to raise rents.
There is not much in repair if buyer wants to keep it as is and start generating revenue. Total repairs include plumbing on 1st and 2nd floor and small items 12-18k. If buyer wants to do larger repairs and get top of the market they'll have to do around 60-70k.
Comps
6401 S Justine St Chicago IL
6757 S Loomis Blvd Chicago IL
I am asking 35k for it.
Here is the link for the pictures https://drive.google.com/drive/folders/0Bx5Wvy_EgwksZFgycEFZS3FlNXc?usp=sharing
Summary
Asking 50k
Repairs 12-18k or 60-70k
ARV 145k or 195k depending on repairs
Current Gross rent 1400
Market Rent is around 1900 for both
Contact me if interested 312-874-0506