Cheap 2-Flat in Englewood, 3 blocks from Whole Foods.

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Cheap 2-Flat in Englewood, 3 blocks from Whole Foods.

Jason DonajkowskiBusiness Member
Property Manager · Chicago, IL · Member since 2017 · 10 posts · 6 votes

2-units plus full attic and basement

Average rents in area $1,100 so your gross rent can be $2,200 or more. Make repairs and collect rent. 
Currently vacant, come see the potential. Duplex down to basement or up to attic for additional rent potential.

Just 3 blocks from Kennedy King College and the new Whole Foods. This area is being redeveloped and appreciating.

Taxes $3,114.51 per year

ARV $150K. Comparables - frame 2-flats within 1 mile:

5948 S Peoria St Chicago IL 60621 $156,000 sold 8/1/16
7006 S Normal Ave , Chicago, Illinois 60621 $149,350 active
5921 S Sangamon St , Chicago, Illinois 60621 $139,000 active

- We have equitable interest in the property and we are selling our contract.
- 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.
- Proof of funds required for viewing

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  • Real Estate Agent · Honolulu, HI · Member since 2017 · 53 posts · 8 votes
    8y

    @Jason Donajkowski is this property still available? please e-mail me at [email protected] with more fix and flip multiplex.  

  • Jason DonajkowskiBusiness Member
    OP
    Property Manager · Chicago, IL · Member since 2017 · 10 posts · 6 votes
    8y

    Daniel, this property is still available.  I dont have any other multi-units to offer.  Let me know if you are interested in this one.  If you are ready to close quick, I can give you a break on price.

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