Updated almost 7 years ago on .
Little Village 2 unit deal - Chicago 150k
2130 W Coulter – 2 unit brick building
Pilsen – Heart of Italy - Little Village - available way below market for a cash buyer that can close quickly.
Zach Shuta – Real Estate Broker – eXp Realty
Asking $150,000.00 - Property available for immediate assignment of contract and quick closing.
Description:Located on a small lot and needs full gut renovation. Potential value of 400-500k depending on level of rehab.
Renovate first floor with a duplex down to the basement for a large 1500sf 3 bed2bath unit and the second floor as a small 2 bed 1 bath unit for an estimated value north of $500,000
Estimated Rehab: Roof, Windows, full interior, some masonry – 150-200k depending on level of rehab.
Building does back up to another building, therefore higher end comps of 600k were not used in our evaluations due to lot size limits.
Attached is a detailed summary with Comparable sales and other additional information. Buyers, please do your own due-diligence. Deal goes to first buyer to post $20,000.00 assignment fee in escrow with sellers attorney's office and sign assignment of contract agreement for a quick closing.