Over 70K Profit With a Minor Fix & Flip On This Brick Single Family | ARV 288K Pending

  • $130,000
  • 3 beds
  • 2 baths
  • 1008 sqft
Pending

Investors here is a Solid Brick Single Family that only needs some updating and your finishing touches to make an over 70K Profit. Home sits on a quiet block in a very desirable neighborhood. Near shopping and restaurants; plus minutes from The 95th Street Terminal and walking distance from Chicago State University. Don’t wait on this one, it will be gone soon! 

The Numbers:

ARV $288,000

Comps:                                               Recent Sales

Contract Price $130,000
Assignment Fee $5,000
Rehab Costs $50,000
Closing/Holding Costs $18,000
All In $203,000
Resale Price $275,000
Profit  $72,000

Below is Detailed Breakdown Purchase

Assumptions For The Fix & Flip Investor:

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:
$130,000
Address:
9549 S Calumet
Chicago, IL 60628
Square Feet:
1008
Lot Size:
3630
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1923
Basement:
Full
Const. Type:
Brick

Call 708-929-1956 for more details

Property Location