Brick 2 Unit in Austin

[Sam Tfaily]

Tons of equity in this Brick 2 unit in the Austin area of Chicago IL. Only $ 59,000. Estimated after repair value $230,000. Property needs a total gut rehab. Brick 2 unit with 4 beds, 2.5 baths, unfinished basement, and 1860 sq feet. Finish the basement to add 800 sq feet add 1 bath and 2 beds duplex or make a 3rd unit. Rehabbed sold comparables in the Austin area sold for average $250,000. After rehabbed property can rent for up to $3,000 per month.

Property Address: 47 N Latrobe Ave, Chicago, IL 60644

Rehab Level: Heavy Rehab

• County: Cook
• Neighborhood: Austin
• Asking Price: $55K
• ARV: $230K
• Beds: 4
• Baths: 2.5
• Basement: Full Unfinished
• Square Feet: 1,860
• Lot Size: 3,024
• 2015 Taxes: $3,777

Multi-Unit Comps within a .5 mile radius sold in the last 12 months

• 5321 W Monroe St, Chicago, IL 60644 - Sold for $263K on 01/26/17
• 5405 W Quincy St, Chicago, IL 60644 - Sold for $250K on 06/30/16
• 4935 W Washington Blvd, Chicago, IL 60644 - Sold for $246K on 10/20/16
• 5401 W Monroe St, Chicago, IL 60644 - Sold - $233K on 06/21/16 

The highest Cash Offer will take the deal. Do your due diligence before contracting. Send in Proof Of Funds along with your Offer. Cash Offers will be favored.

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For showings and more details contact:

Sam Tfaily at 312.796.6697

[email protected]

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We have equitable interest in the property and we are selling our contract. This is a wholesale deal.

• Do your own due diligence. The info listed above is to the best of our knowledge
• 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 investor with a signed contract and earnest money gets the deal
• Do you need money? We have lenders ready to lend. Call us for more detail
• This is an IRA Qualified investment

*DISCLAIMER: This information is deemed reliable but is not guaranteed