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5-Unit Rented,Rehabbed-NOI 31k

Chicago Lawn/Britigans Westwood Sub Area Investment Property

Property Information

Status: Sold or NLA They go fast!
Lead Type: Wholesale Deal
Property Type: Multi-Family
Bedrooms: 4+
Baths: 4
Garage: 2

Property Location

Market: Chicago
Street Address: Create FREE Account or Login
City: Chicago
State: Illinois
Zip Code: 60629
Part Of Town: Chicago Lawn/Britigans Westwood Sub

The Numbers

This information is provided by the seller. All figures, including Estimated After Repair Value (ARV) and Estimated Cost of Repairs, are estimates. Please do your own due diligence.
Est. After Repair Value (ARV): $310,000
minus Seller's Asking Price: $255,000
minus Estimated Cost of Repairs: $5,000
equals Profit Potential of: $50,000
How to Fund Your Purchase: Funding Options
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How Seller Determined ARV: Create FREE Account or Login
Seller Flexible on Price? Yes

Seller Information

Seller Name: Create FREE Account or Login
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Seller's Comments

About Property

Brick 4-Unit, 2-Story building in the Chicago Lawn neighborhood on a quiet block with attic has 2-car detached brick garage, full finished basement. and 4,851sf total building space. Property consists of two (2) 5-bedroom/2-bath apartments, two (2) 2-bedroom/1-bath, and one (1) 1-bedroom/1-bath unit. NOI is $31,200. Currently it has 5 great tenants in place.

About Repairs

This building has been completely renovated. Rehab includes new paint, windows, floors, HVAC, hot water heater, electrical, plumbing, kitchens, baths, appliances, and carpet.

Resources

Fund this deal by borrowing from a Private Lender.

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