Off-Market 4/1 Ranch ONLY $47.5K - Markham

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Off-Market 4/1 Ranch ONLY $47.5K - Markham

Investor · Naperville, IL · Member since 2013 · 53 posts · 3 votes

Off-Market SFR ranch in great neighborhood of Markham!

4 Bedroom, 1 Bath, 1,117 SF, 1-car attached garage.

Property works as either a rental (currently cash flowing) or Fix&Flip!

Viewing by scheduled appointment ONLY. Please do NOT disturb the tenant!!

The property is currently occupied by a section 8 tenant paying $1,470/mo. Current lease ends August 31, 2018. Tenant to be served notice to vacate upon buyer's request. Closing will take place with existing tenant in place (non-negotiable).  Don't miss this GREAT rental or flip opportunity!!

Price: $47,500
Market Rent: $1,700/Mo
Section 8 Rent: $2,270/Mo
Taxes: $4,450

LINK TO PICTURES: Coming Soon!

Recently Sold Retail Comps
16353 Sawyer Ave,Markham, IL 60428
3 beds 1 bath 1,150 sqft
SOLD: $85,000 on 03/02/18
*1 less bedroom, not rehabbed!


16251 Homan Ave,Markham, IL 60428
4 beds 2 baths 1,060 sqft
SOLD: $95,000 on 04/05/18

*Not Rehabbed


Listed Rehabbed Comp
16406 Trumbull Ave,Markham, IL 60428
3 beds 1 bath 1,056 sqft
FOR SALE $124,000
*1 less bedroom, Rehabbed

Closing is scheduled on or before June 29th. Buyer pays ALL closing costs including title insurance, title company fees and transfer stamps. No survey provided. Taxes prorated 100%. 

*Brokers Welcome! Add your commission to the price.

This is a wholesale deal. Property is being sold as-is, where-is. All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions, either made or implied. No survey provided. Buyer shall conduct own due diligence prior to contracting. Property is to be sold to CASH buyers only. To secure purchase, Buyer must deliver $2,500 NON-REFUNDABLE deposit w/signed contract. Asking price above includes original contract price and assignment fee.

Josh Halagiere

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  • Rental Property Investor · Bellevue, NE · Member since 2014 · 79 posts · 38 votes
    8y
    Originally posted by @Josh Halagiere:

    Off-Market SFR ranch in great neighborhood of Markham!

    4 Bedroom, 1 Bath, 1,117 SF, 1-car attached garage.

    Property works as either a rental (currently cash flowing) or Fix&Flip!

    Viewing by scheduled appointment ONLY. Please do NOT disturb the tenant!!

    The property is currently occupied by a section 8 tenant paying $1,470/mo. Current lease ends August 31, 2018. Tenant to be served notice to vacate upon buyer's request. Closing will take place with existing tenant in place (non-negotiable).  Don't miss this GREAT rental or flip opportunity!!

    Price: $47,500
    Market Rent: $1,700/Mo
    Section 8 Rent: $2,270/Mo
    Taxes: $4,450

    LINK TO PICTURES: Coming Soon!

    Recently Sold Retail Comps
    16353 Sawyer Ave,Markham, IL 60428
    3 beds 1 bath 1,150 sqft
    SOLD: $85,000 on 03/02/18
    *1 less bedroom, not rehabbed!


    16251 Homan Ave,Markham, IL 60428
    4 beds 2 baths 1,060 sqft
    SOLD: $95,000 on 04/05/18

    *Not Rehabbed


    Listed Rehabbed Comp
    16406 Trumbull Ave,Markham, IL 60428
    3 beds 1 bath 1,056 sqft
    FOR SALE $124,000
    *1 less bedroom, Rehabbed

    Closing is scheduled on or before June 29th. Buyer pays ALL closing costs including title insurance, title company fees and transfer stamps. No survey provided. Taxes prorated 100%. 

    *Brokers Welcome! Add your commission to the price.

    This is a wholesale deal. Property is being sold as-is, where-is. All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions, either made or implied. No survey provided. Buyer shall conduct own due diligence prior to contracting. Property is to be sold to CASH buyers only. To secure purchase, Buyer must deliver $2,500 NON-REFUNDABLE deposit w/signed contract. Asking price above includes original contract price and assignment fee.

    Josh Halagiere

     Josh,

    Can you send me more info about this property?   Do you have pictures and information about the condition?  Also, has an estimate for the rehab been done at all?   Please send to [email protected]

    Thanks in advance,

    Dan

  • New York, NY · Member since 2018 · 52 posts · 0 votes
    8y

    Hi Joshcan you provide any info on what or how much or a ball park figure on the rehab needed. 

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