Updated over 8 years ago on .
 
      
OWNER NEEDS CASH FAST !! 75% REHABBED 4BD-2BA SFR PP$64K ARV$137K
8405 S Colfax Ave, Chicago, IL 60617
South Chicago, Cook County
DISCOUNTED PRICE $64,000
COST to COMPLETE REHAB $35,000
ARV Estimate $137,000
PROPERTY INFORMATION
This frame SFR is 75% rehabbed. Investor has run out of funds and needs to sell fast for cash. 
PROPERTY DETAILS
Property Type: Frame SFR
Year Built: 1913
Beds / Baths: 4/2
Sq.Ft: 1,200
Sq.Ft Lot: 4,500
Basement: YES
Garage: YES  (needs cleaning and work)
Recent Upgrades: Bathroom, Floors, Lights.
Current Rent: Vacant 
Potential Rent: $1,300
MONTHLY EXPENSES
Taxes: $110/mo
Water: $40/mo
Heat: $60/mo
Electricity: $50/mo
Garbage: $15/mo
Insurance: $29/mo
PICTUREShttps://www.dropbox.com/sh/l1y2u22v7es6la3/AABV4hccDAv_a4kNDThUNdVRa?dl=0
SOLD COMPARABLES
https://www.redfin.com/IL/Chicago/8427-S-Phillips-Ave-60617/home/13213671 
https://www.redfin.com/IL/Chicago/8513-S-Phillips-Ave-60617/home/13213985
https://www.redfin.com/IL/Chicago/8658-S-Marquette-Ave-60617/home/13213006
We can help with local contractors, lenders, and property management.
We have equitable interest in the property and we are selling our contract. Property is being sold as-is, where-is. All figures expressed either verbally or in marketing material is an estimate. There are no guarantees or assumptions, either made or implied. 
 
CASH or PRIVATE/HARD MONEY BUYERS only. Email POF in order to view the property. $2,500 NON-REFUNDABLE earnest money check is required to secure the contract. Buyer pays ALL closing costs. Buyers conduct their own due diligence prior to contracting. 
 



