Chicago Wholesale Deal in West Humboldt! Asking: 39.9K ARV: 260K+
This is a gem! Previous owner had it tuck-pointed, installed a new porch, and installed air ducts with vents still in place! The second floor is a 3:1 with the kitchen, bathroom, and floor needing most of the work. The 2nd floor needs a bit more dryway on the cielings, and the ktichen and bathroom also need to be redone. This investment sports an unfinished basement.The basement has water heaters in tact, as well as the new forced are system. This beauty has a newly built fence around the sides, but needs a new fence in the back yard, and the front. We estimate the repairs around 45k.
Investor needs to fix up mostly cosmetic. You will get a great return
*****www.ChicagoCashflowProperties.com*****
Asking: 39K
Repairs:45K
ARV:260-330K
Taxes:3K
Total Rents: 3 Bed 1 bath -$1,200
2 Bed 1 bath – $900
EQUITY SPREAD: 65%
