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Updated about 7 years ago on .

User Stats

170
Posts
10
Votes
Jonathan Wheeler
  • Investor
  • Bartlett, IL
10
Votes |
170
Posts

Geneva Fix & Flip/Rental Opportunity

Jonathan Wheeler
  • Investor
  • Bartlett, IL
Posted

Off-Market single family attached home located in upscale Fischer Farms neighborhood of desirable Geneva. Top Rated Schools! Home is situated in a prime location off of Randall Road with tons of nearby shopping (Geneva Commons is less than 1/2 mile away), restaurants, Delnor Hospital, Metra, etc. Rehab consists of very light cosmetic updating. Home has a new roof and water heater.

Value Adds: Increase ARV by adding wall and closet in upstairs loft area to make it a 4bed / 2.5 bath! Finish basement and add full bath to make it a 3/3.5 or 4/3.5!

Price: $235,000

ARV: $330,000

Market Rents: $2400-$2500

3 Beds 2.5 Baths 2150 Sq. Ft.

Year Built: 2002

2017 Taxes: $7900

HOA Dues: $260/month

Full Basement

2 Car Attached Garage

LINK TO PICTURES: 

Sold Comps:

438 Cannon Dr, Geneva, IL 60134

3 beds 2.5 baths 2,046 SF

SOLD: $346,000

Sold on 08/13/18

454 Mayborne Ln, Geneva, IL 60134

3 beds 2.5 baths 2,046 SF

SOLD: $340,000

Sold on 08/31/18

515 Cannon Dr, Geneva, IL 60134

3 beds 2.5 bath 2,045 SF

SOLD: $306,000

Sold on 06/01/18

691 Nelson Ct, Geneva, IL 60134

3 beds 2.5 bath 2,150 SF

SOLD: $322,000

Sold on 02/27/18

Closing is scheduled on or before October 1st at ATGF. 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 $5000 NON-REFUNDABLE deposit w/signed contract. 

Offering