Cosmetic Flip…Huge Profit On This Avalon Park Brick Single Family 3 Bed 1.5 Bath With ARV of $300,000 Pending

  • $125,000
  • 3 beds
  • 1.5 baths
  • 1133 sqft

Calling all investors looking for a Major Payday!!! This 3 bedroom 1.5 bath Single family is in need of only a cosmetic make over to produce a huge return! It’s brick exterior and 2 car detached garage sits on a quiet block. Solid property, near transportation, shopping, restaurants, and schools. Don’t wait on this money-making home. ARV is 295- 300k. See below for current comps and Fix & Flip expenses/pay-out.

The Numbers:

ARV $295,000

Comps:                                               Recent Sales

Contract Price $125,000
Assignment Fee $5,000
Rehab Costs $50,000
Closing/Holding Costs $20,000
All In $200,000
Resale Price $280,000
Profit  $80,000

Detailed Breakdown For Fix & Flip: 

Fix & Flip: Total Expenses/Profit  (Fix/Flip) 

Please contact Dave Smith at (708) 929-1956 or reply to davesmith@theequitablesolution.com
with any questions or for inspection details.

Details of the house in description according to the homeowner and public information (please do your own due diligence).​

Price:
$125,000
Address:
8442 S Blackstone
Chicago, IL 60619
Square Feet:
1133
Lot Size:
3750
Bedrooms:
3
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1925
Basement:
Full Unfinished
Const. Type:
Brick

Call 708-929-1956 for more details

Property Location