All Forum Posts by: Marcin Chojnacki

FULL DISCLOSURE: I AM CURRENTLY THE LISTING AGENT FOR THE PROPERTY. 10 SHOWINGS IN 3 DAYS. HOUSE WILL MOVE QUICK. 

Rents for $2,250/month. This is verified and we've rented 4 bed properties for this price in this town before. We have a contractor that can complete the rehab, we have leasing agents that will get it rented and we offer management at 9%. 

Taxes are not cheap in this municipality and they are currently at $6,600/year. Net rental income (not counting repairs/maintenance/vacancy/lending costs) is $20,400. Property needs about 45k in rehab. 

Property needs interior rehab and minor exterior upgraded. We have rented multiple properties within the same block for $1,688/month. We have a contractor who is set up with the village ready to rehab this property. We will help you find the tenant (last one was rented in 9 days). We also offer management (if you choose) at 9%/month. 

This house needs approx $30,000 in repairs to bring it into a condition that will allow a quick rental (will not be half assed). 

Taxes are approximately $2,688.51 with a homeowners exemption. They will be closer to $3,500 once it's investor owned. 

Call or message me with any questions @ 630-329-7800

Thanks!

Best block in Hazel Crest! Very desireable block. Property is in good condition. We've rented these before for over $2,000/month. Government subsidized. Perfect for buy and hold investors. Has plenty of equity. 

@Karen O.

1. Yes. 

2. Living room has laminate flooring. We don't put laminate in kitchens. Laminate doesn't do good if spilled on. 

3. Kitchen floor is ceramic tile. 

@Brian Pulaski It did not include: holding costs, closing costs (buy and sell), or commissions (ours are highly reduced for clients on the listing side). Yes even with all of these costs it was very profitable. Thanks!

@Etienne Martel Chicagoland suburb. Northlake to be exact. 

@Troy Luster Thanks Troy!

Client purchased property from HUD.

Purchase Price: $141,111

Rehab: $53,000

SOLD: $270,000

Full rehab inside. Light exterior work. Check out the photos!

THIS IS NOT SLUMLORDING. Ranch single family home with slab foundation. Rents for $1,688/month (we've rented plenty of these before for same prices). Taxes are about 3.5k-4k per year. Great cash flow. Decent area with up and coming prices. 

Property needs minor improvements. Great for rental or to resell. Rents for $1,800/month. ARV is approx 160k.

Off Market Worth Deal, This property has an addition that is architecturally appealing , Exterior of the property is in very good shape. The interior of this property is in need of a complete rehab.

Price Offered:$130,000

Rehab:$45,000

Arv:$230,000

Feel free to reach out with any questions. \

Thanks, Marcin