715 E 68th Street, Chicago, IL 60637 Sold

Transaction Highlights

• Address: 715 E 68th Street, Chicago, IL 60637
• Repairs: Moderate Rehab – $35K-40K
• Asking Price: $65,000
• AVR: $190,000
• Rents for up to: $1,900 per month

This is a contract for a 2,336 sqft brick 2 unit property with 4 bedrooms and 2 bathrooms with unfinished basement with no garage.This property is sitting on a 6,100 double lot on quiet block in Woodlawn with plenty room for future development. Second lot is fenced in and spacious enough for summer entertaining.

Property needs mostly cosmetic repairs estimated at approximately $35K-$40K.  Taxes are low and property can rent for up to $1900 per month.This property has good flip or rental potential.

The taxes are only $1,900/year.

Sold Comparables within the area within a few blocks:

• 6754 S Champlain Ave – 201K –  4 Bed 2 Bath – Sold 08/2018
  –  https://www.redfin.com/IL/Chicago/6754-S-Champlain-Ave-60637/home/13928293

• 6711 S Langley Ave  – 190K – 4 Bed 2 Bath – Sold 5/2018
  – https://www.redfin.com/IL/Chicago/6711-S-Langley-Ave-60637/home/13928292
• 6813 Langley Ave – 150K – 5 Bed 2 Bath – Sold 05/2018 *Poor Quality Rehab*
  – https://www.redfin.com/IL/Chicago/6813-S-Langley-Ave-60637/unit-2/home/13928277