This HOT South Chicago Area, Brick 2 unit with 4bedrooms and 2 baths (according to county record) has loads of potential! The partial basement has room for 2 additional rooms and possibly 1 additional bath when brought up to code. Renovate to sell for large profits or to rent out for a cash out Refi and monthly cash flow!
- Brick building with recently installed roof
- Medium Renovation
- Beds 4-6Beds (duplexed down)
- 2 Baths
- Rents are approximately $1,25-$1,200 (2 bedrooms)
- Rents are approximately $1,400-$1,529 (4-6bedrooms)
- Average After Repaired Value $302,475 (High Comp $329,000 see below)
- Asking $89,000
| Sold Properties |
|
|
11123215 |
CLSD |
3346 E 91st St |
$300,000 |
$300,000 |
09/28/2021 |
7 |
0 |
6 |
6 |
|
|
|
11297141 |
CLSD |
8720 S Muskegon Ave |
$299,900 |
$310,000 |
03/18/2022 |
6 |
2 |
10 |
10 |
|
|
|
11323290 |
CLSD |
8449 S Brandon Ave |
$329,900 |
$329,900 |
04/07/2022 |
7 |
2.3 |
5 |
5 |
|
|
|
11223057 |
CLSD |
2830 E 93 St |
$299,900 |
$270,000 |
01/04/2022 |
5 |
2 |
49 |
49 |
|
|
| Statistics |
Total Properties: 4 |
| Minimum |
$299,900 |
$270,000 |
5 |
0 |
5 |
5 |
| Maximum |
$329,900 |
$329,900 |
7 |
2.3 |
49 |
49 |
| Average |
$307,425 |
$302,475 |
6 |
2 |
18 |
18 |
Sold properties closed averaging 98.39% of their Final List Price (FLP).
This reflects a 1.61% difference between property sale prices and their FLP’s. |
|
