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User Stats

103
Posts
44
Votes
Michael Kevorkian
  • Realtor
  • Chicago, IL
44
Votes |
103
Posts

Pilsen Greystone 3 Flat on the El Paseo Trail

Michael Kevorkian
  • Realtor
  • Chicago, IL
Posted

Investment Info:

Small multi-family (2-4 units) wholesale investment in Chicago.

Purchase price: $325,000
Cash invested: $1,000
Sale price: $405,000

Brought to me by a Realtor as an off market deal. Signed the contract, sent a few emails out to my top buyers and sold it in a week. The buyer funded the property, listed on the MLS and sold it as-is for $576,000!

Most Popular Reply

User Stats

154
Posts
91
Votes
Jason Marcordes
  • Investor
  • Chicago, IL
91
Votes |
154
Posts
Jason Marcordes
  • Investor
  • Chicago, IL
Replied

@Doran Summers @Joe Cassandra That deal is legit - I watched it happen because I wanted to buy it but I wasn't quick enough! That area has been appreciating so rapidly there's a huge disparity between prices that are on and off the market.

  • Jason Marcordes
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