1559 S Homan Ave, Chicago IL 60623 in North Lawndale, Cook County

PRICE CUT $39,000
ARV Estimate $250,000
REPAIR Estimate: Needs Total Gut Rehab

PROPERTY INFORMATION
Mixed use building, 1,200 sqft store front + 3(three) 2BD/1BA residential apartments in North Lawndale, an up and coming area just north of Little Village, in the path of progress. Building needs a total gut rehab. After rehab 4 units can rent for a total of $3,900

DETAILS
PIN: 16-23-226-046-0000
Property Type: Mixed Use
Construction: Brick
Property Class: 2-12
Year Built: 1889
Beds / Baths: One store front, plus three 2BD/1BA residential apartments
Lot Size (SqFt): 2,125
Building (SqFt): 3,800
Basement: Unfinished
Garage: None
Taxes: $3,500
Market Rent: $3,900/month (Storefront $1,200, plus 3 apartments at $900 each)

SOLD COMPARABLES
http://www.loopnet.com/Listing/20259204/1640-S-Pulaski-Rd-Chicago-IL/
https://www.redfin.com/IL/Chicago/1600-S-Saint-Louis-Ave-60623/home/13233143
https://www.redfin.com/IL/Chicago/1622-S-Drake-Ave-60623/home/13233425
http://www.loopnet.com/Listing/19558310/1600-s-Pulaski-Chicago-IL/

CURRENT PICTURES
https://www.dropbox.com/sh/met6y97nnzqo7wj/AABbO-hYuY3OZtvpkDu1Lteya?dl=0

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 is required to secure the contract. Buyer pays ALL closing costs. Buyers conduct their own due diligence prior to contracting. We can help with local contractors, lenders, and property management.