- Address: 4346 W Parker Ave, Chicago, IL 60639
- Repairs: Rental Turn or Complete Rehab
- Asking Price: $179,900
- AVR: $375,000+
- Rents for up to: $2,600 per month
This is a contract for a 2,500+ sqft brack single family property with 5 bedrooms and 3 bathrooms with a 2 car garage and unfinished basement.This property is sitting on a 5,227 sq.ft. lot.
The tenant is moving out of the property in a couple days (vacant by closing) and it’s a rental turn plus a roof away from being ready to rent again. It includes a bathroom in the basement that is already gutted but has plumbing in place. The water heater and furnace/boiler is fairly new on the property. The upstairs bathroom is perfect to be converted into a master suite with the adjoining bedroom. It features a huge deck connected to the garage in the back of the house.
You can be all in for $300K and make a 50+ profit on the flip after closing fees.
The taxes are only $6,590/year.
Sold Comparables within the area within a few blocks:
- 3010 N Kilbourn Ave – 410K – 4 Bed 3 Bath – Sold 06/2019
- 4432 W Parker Ave – 345K – 4 Bed 4 Bath – Sold 12/2018
- 2215 N Kilbourn Ave – 385K – 4 Bed 3 Bath – Sold 8/2019