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All Forum Posts by: Jonathan Wheeler

Jonathan Wheeler has started 82 posts and replied 142 times.

Post: Geneva Fix & Flip/Rental Opportunity

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

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. 

Post: NEW! Markham CashFlow Deal! Only 29.5K!!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

Hi @Prasanna Raghavan

This property has already sold but we have another property in Markham that is still available. See link below for more information and let me know if this one is of interest.

https://www.greystreethomes.com/so/7MGstv9z#/main

Post: NEW! Markham CashFlow Deal! Only 29.5K!!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

Pictures added. See link below and get your offer in before it's gone!

15348 Afton

Post: New Price! St. Charles Flip/Add-On/Teardown Only 225K!!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

Custom built all BRICK home located on stunning and private mature wooded 2.02 acre lot on prestigious Crane Road and Knoll Creek Woods area of highly desirable Saint Charles!! Top Rated Schools!! Less than 5 minutes to downtown Saint Charles!

This property has HUGE POTENTIAL for Builders and Serious Flippers looking for HUGE PROFITS!!!

-Unbeatable location on sprawling and picturesque wooded lot! Builder's Dream!
-Home sales in this area range from Mid $300s to over $1 Million!
-Nothing in this area is currently listed below $440,000!
-Needs interior updating and layout changes.
-Ability to build huge 850 SF master suite above garage and/or add on to existing footprint.

Price: $225,000

2017 Taxes: $8,200

3 Beds 1.5 Baths
Walk-out basement
Main Floor Living Area: 1,298 SF
Finished Basement Area: 912 SF
2 Fireplaces
2-Car Attached Garage - 675 SF
2.02 Acre Wooded Lot

LINK TO PICTURES: 4N378 Crane

Closing is scheduled on or before June 29th at ATGF. Buyer pays ALL closing costs which include transfer taxes, title insurance and title company fees. Taxes prorated 100%.

*Brokers Welcome! Add your commission to the price.

Please note: 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 $3,000 NON-REFUNDABLE deposit w/signed contract. Asking price above includes contract price and assignment fee

Post: NEW! Markham CashFlow Deal! Only 29.5K!!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

Off-Market SFR on quiet road in private neighborhood. 3 Bedroom, 1 Bath, 1,073 SF

Viewing by scheduled appointment ONLY. Please do NOT disturb the tenant!!

The property is currently occupied by a long-term section 8 tenant (1-bedroom voucher paying $780/mo). Current lease ends June 30, 2018. Tenant to be served notice to vacate upon buyer's request. Closing will take place with existing tenant in place (non-negotiable).

Price: $29,500

Market Rent: $1,350/Mo

Section 8 Rent: $1,925/Mo

Taxes: $3,500

Closing is scheduled on or before June 15th. Buyer pays ALL closing costs including title insurance, title company fees and transfer stamps. Taxes prorated 100%.

*Brokers Welcome! Add your commission to the price.

Please note: 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.

Post: Markham Cashflow Deal Only 29K!!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

Off-Market ALL brick exterior house on quiet road in private neighborhood. Needs cosmetic interior rent rehab. 3 Bedroom, 1 Bath, 1,073 SF, 2-car detached garage.

Price: $29,000

Market Rent: $1,350/Mo

Section 8 Rent: $1,925/Mo

Taxes: $4,100

LINK TO PICTURES: 

PLEASE NOTE: Closing is scheduled on or before June 1st. Buyer pays ALL closing costs including title insurance, transfer taxes (both sides) and title company fees. 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.

Post: Attn: Chicago Area Wholesalers - Sell Your Deals FAST!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

Grey Street Acquisitions, LLC has expanded its operations into the south suburbs. If you're a wholesaler with deals (must be the actual contract holder/direct to the seller) in the south suburbs like Country Club Hills, Hazel Crest, Markham, etc. then let's talk. We are also still actively looking for deals in the northwest and western suburbs. Get in touch with us today so we can get your deals sold right away!

Post: Off-Market Property on 2 Acres in Highly Desirable St. Charles!!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10
Custom built all BRICK home located on stunning and private mature wooded 2.02 acre lot on prestigious Crane Road and Knoll Creek Woods area of highly desirable Saint Charles!! Top Rated Schools!! Less than 5 minutes to downtown St. Charles!

This property has unlimited potential for SERIOUS BUILDERS/DEVELOPERS, FLIPPERS, ETC.

This is a wholesale deal for Cash Buyers Only!! POF is required for viewing

Go to link below for more info/photos:

https://www.greystreethomes.com/so/9MC2R5u-#/main

Post: Country Club Hills - Rental - GREAT CASH FLOW!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

@Vladimir, Kuvshinov

Thanks for your interest! Just sent you a PM

Post: Country Club Hills - Rental - GREAT CASH FLOW!

Jonathan WheelerPosted
  • Investor
  • Bartlett, IL
  • Posts 170
  • Votes 10

3850 176th Place

Country Club Hills, IL 60478

Low Purchase Price + Cosmetic Updating (Rental grade) + Premium Rents = HUGE CASH FLOW!!

Price: $89,500

Market Rent: $1,900/mo

Section 8 Rent: 2,530/mo

*Highest Section 8 Rental Rates in Cook County!

4 beds 2 baths 1,326 Sq Ft.

Taxes: $4,500

2 Car Detached Garage

Link to more photos: 3850 176th Pl

Recent Comparable Retail Sales within 1/2 mile:

17784 Springfield Ave, Country Club Hills, IL 60478

3 beds 1.5 baths 1,054 sqft

SOLD: $141,500 on 12/27/17

17620 Hillcrest Dr, Country Club Hills, IL 60478

4 beds 2 baths 976 sqft

SOLD: $130,000 on 2/23/18

Closing is scheduled on or before April 30th. Buyer pays ALL closing costs which includes transfer taxes, title insurance and title company fees. Taxes prorated 100%. Realtors add your commission to the price.

Please note: 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.

Contact me for more info or to schedule a viewing.

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