PROPERTY DESCRIPTION

Extraordinary cash flow opportunity in Sauk Village. South Chicago suburb and right near the border of Munster Indiana which is a high end area. Great cash-flowing property! Not many properties can cash flow this well! Add this asset to your portfolio. Instant cash flow and appreciation in the next several years to come. Location is right off the expressway and overall the location is a great rental market.

Price: $35,500

Rehab Cost: $9,450

ARV: $50,000

CCR: 12.40-13.65%

Rent: $950-$1,000

PROPERTY DETAILS

  • Bedrooms: 2
  • Bathrooms: 2
  • Square Footage: 1140
  • Year Built: 1986
  • Type: Frame single family
  • Garage
  • Heating: Forced Air
  • Cooling: Central A/C
  • Water: City
  • Sewer: City
  • Amenities: Driveway
  • Taxes: $2,868

REPAIRS NEEDED

Replace front screen door, Install new “step” at front door, Tear and replace flooring (laminate), in living room and kitchen, Kitchen needs a new subfloor, new stove and fridge, Put in screen door on laundry room outside door, replace all floor heat vents, Replace light switch plates, Repair drawers on master vanity, Add smoke and CO2 detectors, Replace 3 windows, Replace gfis in master bath, Replace subfloor in hallway and install new laminate, Replace 2 bedroom doors, Take down paneling in master bed, put up drywall and paint, Repair dryer vent going to outside of house, Replace carpeting in 1 bedroom, Replace shower faucet and head in hallway bath, Replace both faucets in master bath, Install all new blinds, so it’s “rent ready, Install new heater and possibly hot water heater, Check all drains and all outlets, to make sure there aren’t any problems, Clean up house and get ready for tenant.

TERMS OF SALE

The highest Cash Offer will take the deal. Do your due diligence before contracting. Send in Proof Of Funds along with your Offer. Cash Offers will be favored.

We have equitable interest in the property and we are selling our contract.

  • Do your own due diligence. The info listed above is to the best of our knowledge 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
  • Proof of funds required for viewing
  • The first investor with a signed contract and earnest money gets the deal
  • This is an IRA Qualified investment
  • Our licensed, insured and bonded contractor will do the rehab for you if needed
  • Our property manager will manage this property for you if you need the service for a quality tenant

*DISCLAIMER: This information is deemed reliable but is not guaranteed

CONTACT DETAILS

Contact me for pictures and any other questions.

Phone: 773-401-7321
Email: [email protected]