Off-Market 4/1 Ranch ONLY $47.5K (w/pics) - Markham - Cook Cnty

[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!

House has hardwood floors, spacious kitchen and bonus family room.  Roof and siding are in good condition.

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: 16123 Spaulding

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.