Chicago Investment Property List

Welcome to the #1 source for cheap investment property in the Chicago area. You can learn more about these properties, our service, and the local real estate market below.

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Displaying 1 - 30 of 96 Deals

1/19/2017 - Investor Out of Cash!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60625
Estimated After Repair Value: $515,000 More Information
minus Seller's Asking Price: $76,000 More Information
minus Est. Cost of Repairs: $60,000 More Information
equals Profit Potential of: $379,000 More Information

1/19/2017 - Investors Ran Out of Cash!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60640
Estimated After Repair Value: $950,000 More Information
minus Seller's Asking Price: $450,000 More Information
minus Est. Cost of Repairs: $220,000 More Information
equals Profit Potential of: $280,000 More Information

1/19/2017 - SFH Rehab at crazy low price!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Calumet City, IL 60409
Estimated After Repair Value: $96,833 More Information
minus Seller's Asking Price: $4,000 More Information
minus Est. Cost of Repairs: $65,000 More Information
equals Profit Potential of: $27,833 More Information

1/19/2017 - Section 8 Tenanted SFH

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60621
Estimated After Repair Value: $100,000 More Information
minus Seller's Asking Price: $40,000 More Information
minus Est. Cost of Repairs: $10,000 More Information
equals Profit Potential of: $50,000 More Information

1/19/2017 - SFH Flip in W. Pullman

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60628
Estimated After Repair Value: $91,750 More Information
minus Seller's Asking Price: $26,000 More Information
minus Est. Cost of Repairs: $20,000 More Information
equals Profit Potential of: $45,750 More Information

1/19/2017 - Turn This Duplex to Threeplex

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Duplex
Location: Chicago, IL 60609
Estimated After Repair Value: $187,000 More Information
minus Seller's Asking Price: $46,000 More Information
minus Est. Cost of Repairs: $60,000 More Information
equals Profit Potential of: $81,000 More Information

1/19/2017 - Why Selling? Private Lender Fo

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Multi-Family
Location: Chicago, IL 60636
Estimated After Repair Value: $145,000 More Information
minus Seller's Asking Price: $69,900 More Information
minus Est. Cost of Repairs: $15,000 More Information
equals Profit Potential of: $60,100 More Information

1/19/2017 - Humboldt Park

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Duplex
Location: Chicago, IL 60639
Estimated After Repair Value: $175,000 More Information
minus Seller's Asking Price: $49,000 More Information
minus Est. Cost of Repairs: $90,000 More Information
equals Profit Potential of: $36,000 More Information

1/18/2017 - Why Selling: Moved to new home

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Status: Available
Lead Type: Motivated Seller More Information
Property Type: Single Family House
Location: South Holland, IL 60473
Estimated After Repair Value: $126,000 More Information
minus Seller's Asking Price: $57,000 More Information
minus Est. Cost of Repairs: $5,000 More Information
equals Profit Potential of: $64,000 More Information

1/18/2017 - SFH Rehab in W Pullman

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60628
Estimated After Repair Value: $91,750 More Information
minus Seller's Asking Price: $26,000 More Information
minus Est. Cost of Repairs: $20,000 More Information
equals Profit Potential of: $45,750 More Information

1/18/2017 - Pay This Off in 5 Years!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: TriPlex
Location: Chicago, IL 60617
Estimated After Repair Value: $136,000 More Information
minus Seller's Asking Price: $54,000 More Information
minus Est. Cost of Repairs: $20,000 More Information
equals Profit Potential of: $62,000 More Information

1/18/2017 - Hot Deal in Des Plaines IL

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Des Plaines, IL 60018
Estimated After Repair Value: $335,000 More Information
minus Seller's Asking Price: $230,000 More Information
minus Est. Cost of Repairs: $25,000 More Information
equals Profit Potential of: $80,000 More Information

1/17/2017 - Why Selling: Parents passed away

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Status: Available
Lead Type: Motivated Seller More Information
Property Type: Single Family House
Location: Skokie, IL 60076
Estimated After Repair Value: $400,000 More Information
minus Seller's Asking Price: $275,000 More Information
minus Est. Cost of Repairs: $60,000 More Information
equals Profit Potential of: -$7,000 More Information

1/17/2017 - Great Dolton Deal!!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Dolton, IL 60419
Estimated After Repair Value: $135,000 More Information
minus Seller's Asking Price: $49,000 More Information
minus Est. Cost of Repairs: $30,000 More Information
equals Profit Potential of: $56,000 More Information

1/16/2017 - 3-Unit in United Center Park

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Multiple / Combo
Location: Chicago, IL 60612
Estimated After Repair Value: $645,000 More Information
minus Seller's Asking Price: $497,000 More Information
minus Est. Cost of Repairs: $3,000 More Information
equals Profit Potential of: $145,000 More Information

1/15/2017 - Why Selling: no longer wanted

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Status: Available
Lead Type: Motivated Seller More Information
Property Type: Single Family House
Location: Gary, IL 46406
Estimated After Repair Value: $60,000 More Information
minus Seller's Asking Price: $40,000 More Information
minus Est. Cost of Repairs: $20,000 More Information
equals Profit Potential of: - More Information

1/13/2017 - Newly Rehabbed Great Deal!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Duplex
Location: Chicago, IL 60644
Estimated After Repair Value: $200,000 More Information
minus Seller's Asking Price: $170,000 More Information
minus Est. Cost of Repairs: $0 More Information
equals Profit Potential of: $30,000 More Information

1/13/2017 - 42% ROI Fix and Flip

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60619
Estimated After Repair Value: $80,000 More Information
minus Seller's Asking Price: $37,000 More Information
minus Est. Cost of Repairs: $12,000 More Information
equals Profit Potential of: $31,000 More Information

1/13/2017 - Fix and Flip Across School

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Cicero, IL 60804
Estimated After Repair Value: $250,000 More Information
minus Seller's Asking Price: $103,000 More Information
minus Est. Cost of Repairs: $60,000 More Information
equals Profit Potential of: $87,000 More Information

1/13/2017 - Why Selling: Need cash

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Status: Available
Lead Type: Motivated Seller More Information
Property Type: Other
Location: Chicago, IL 60624
Estimated After Repair Value: $500,000 More Information
minus Seller's Asking Price: $90,000 More Information
minus Est. Cost of Repairs: $100,000 More Information
equals Profit Potential of: $310,000 More Information

1/12/2017 - Why Selling: We just don't need it

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Status: Available
Lead Type: Motivated Seller More Information
Property Type: Single Family House
Location: Mchenry, IL 60050
Estimated After Repair Value: $167,000 More Information
minus Seller's Asking Price: $167,000 More Information
minus Est. Cost of Repairs: $5,000 More Information
equals Profit Potential of: -$5,000 More Information

1/12/2017 - Why Selling: downsizing

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Status: Available
Lead Type: Motivated Seller More Information
Property Type: Duplex
Location: Kingsford Heights, IL 46346
Estimated After Repair Value: $62,000 More Information
minus Seller's Asking Price: $52,000 More Information
minus Est. Cost of Repairs: $2,000 More Information
equals Profit Potential of: $8,000 More Information

1/12/2017 - Good Condition SFH Deal!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60643
Estimated After Repair Value: $161,000 More Information
minus Seller's Asking Price: $75,000 More Information
minus Est. Cost of Repairs: $35,000 More Information
equals Profit Potential of: $51,000 More Information

1/12/2017 - Rent Ready SFH Deal!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60619
Estimated After Repair Value: $120,000 More Information
minus Seller's Asking Price: $64,000 More Information
minus Est. Cost of Repairs: $20,000 More Information
equals Profit Potential of: $36,000 More Information

1/11/2017 - Awesome Norridge Flip!!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Norridge, IL 60706
Estimated After Repair Value: $325,000 More Information
minus Seller's Asking Price: $239,500 More Information
minus Est. Cost of Repairs: $20,000 More Information
equals Profit Potential of: $65,500 More Information

1/11/2017 - HOT Buy and Hold Frame 3 unit

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: TriPlex
Location: Chicago, IL 60621
Estimated After Repair Value: $150,000 More Information
minus Seller's Asking Price: $29,500 More Information
minus Est. Cost of Repairs: $80,000 More Information
equals Profit Potential of: $40,500 More Information

1/10/2017 - Hot Deal in Jefferson Park

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60630
Estimated After Repair Value: $370,000 More Information
minus Seller's Asking Price: $195,000 More Information
minus Est. Cost of Repairs: $60,000 More Information
equals Profit Potential of: $115,000 More Information

1/9/2017 - Why Selling: jermaine Thomas

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Status: Available
Lead Type: Motivated Seller More Information
Property Type: Single Family House
Location: Chicago, IL 60620
Estimated After Repair Value: $110,000 More Information
minus Seller's Asking Price: $60,000 More Information
minus Est. Cost of Repairs: $10,000 More Information
equals Profit Potential of: $40,000 More Information

1/6/2017 - New deal Brick 2 unit!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Duplex
Location: Chicago, IL 60624
Estimated After Repair Value: $140,000 More Information
minus Seller's Asking Price: $45,000 More Information
minus Est. Cost of Repairs: $55,000 More Information
equals Profit Potential of: $40,000 More Information

1/6/2017 - Check out this Brick Bungalow!

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Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60617
Estimated After Repair Value: $205,000 More Information
minus Seller's Asking Price: $59,500 More Information
minus Est. Cost of Repairs: $80,000 More Information
equals Profit Potential of: $65,500 More Information

Displaying 1 - 30 of 96 Deals

Buying Investment Property in Chicago

The best Chicago investment property deals are not the ones you see advertised in the newspaper classifieds or on the local MLS. The so called "deals" you see in those places are typically foreclosures and REO's where the banks only goal is to make as much of their money back as they possibly can. Others that are listed with an agent are just as bad. This is not the best way for you to make money.

Smart Chicago area investors are turning their attention to two classes of properties, pre foreclosures and wholesale properties. Neither one of these types of investments are widely publicized, and that's a good thing as the competition for them is not as fierce. This of course means that you have a much better chance to turn a profit on your investment.

Pre foreclosures are homes that have not yet reached the point of an actual foreclosure sale, but the owner is several months behind on payments and has essentially no hope of getting caught up. The advantage of this kind of situation is that many times you can pick up these properties for whatever the owner owes the bank. Depending on how long the owner has lived there and how much they paid, there is the potential for some good profit.

Another option is wholesale properties that are being sold by other investors. The reasons for them selling can vary, but usually include the need to free up cash for other investments. But you usually can't find these deals unless you are tied into a network of other investors. Because we have so many investors as members, its only natural that they would make their wholesale property deals available to other members of our network.

MyHouseDeals.com can help you find both pre foreclosures and wholesale properties. We compile the most up-to-date list of these kinds of Chicago investment properties. We have a team of people who continually follow-up on the deals we have listed to see if any of the terms have changed or if the owner is willing to lower their price even further. You won't find this level of service in other Chicago area real estate investment clubs.

Whether its pre foreclosures or wholesale properties you want to focus on, becoming a member of MyHousedelas.com can be your first step in the right direction.

Additional Articles: HUD Homes in Chicago | Chicago Foreclosure Properties | Chicago Investment Property | Chicago Real Estate Investment Clubs | Chicago Rental Properties | Chicago Wholesale Properties | Chicago REO