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Archived almost 5 years ago

$250,000

3 bd ba 1200 sqft

36xx N Linder , Chicago, IL 60641

Residential SFR Needs Repairs Off MLS

Current Rent **

$1

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Portage Park Rehab - Chicago SFH

3.5 Bed, 1.5 bath - 1,200 sq ft

Available for immediate assignment

Ask - $250,000 Or Best Offer

Photos - Videos : https://drive.google.com/drive/folders/1-ZhkzQ9AZITgsqTh2GMd-NwBdArxuv8a


Water Boiler - 1997

2 Year Old Furnace

Gut Rehab


Repairs : $100,000 - $84/sq ft

ARV: $400,000


Needs:


Convert Sunroom space to Deck or keep as indoor space (would require ceiling/roof work as indoor)

New Plumbing

New Electrical

New Garage Added

Finish Basement (Small 0.5 Storage Room)

Restructure Stairs (Instant Front Room Access)

Ceiling & Adding Space to Second Floor

Converting Crawl Space Upstairs

Converting Closets Upstairs


House next door went for $460k with 1,800 sq ft, Full Gut Rehab!


Comps:


5240 W Waveland Ave, Chicago, IL 60641

4 bed, 2 bath - 1,100 sq ft

Sold - $265,000

Sold 1/23/2019


3634 N Linder Ave, Chicago, IL 60641

3 bed, 2 bath - 1,479 sq ft

Sold $275,000

Sold 1/3/2019


5431 W Dakin St, Chicago, IL 60641

5 bed, 2 bath - 936 sq ft

Sold - $407,000

Sold 9/28/2018


5319 W Dakin St, Chicago, IL 60641

4 bed, 2 bath - 1,120 sq ft

Sold - $305,000

Sold 8/12/2018

Location:

36xx N Linder , Chicago, IL 60641

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.