Solid Brick Ranch in Auburn Gresham $60K ARV $170K Pending

  • $65000
  • 3 beds
  • 1.5 baths
  • 1105 sqft
Pending
8722 S Honore St Chicago, IL 60620
3 Bed 1.5 Bath (All on main level)
No Garage
Full unfinished basement
1105 Sq Ft
4850 Sq Ft Lot
2017 Taxes: $3010

Price: $60K
Rehab: Cosmetic
ARV:
 $170K

CLICK HERE FOR ALL PICS
Description

Solid brick raised ranch in west Auburn Gresham. Property is in livable condition and will be an easy flip. The water heater, furnace, A/C unit, and roof are all less than 5 years old. Finish off basement with 1 or 2 beds and another full bath, add a garage, and install privacy fence for full value. Property is not vacant. Please do not disturb occupants.

Rents:  Can rent up to $1500 per month. $18,000 per year!

Comps

Sold:

1) 8730 S Wood St Chicago, IL 60620 – 5 Bed 2 Bath 1020 Sq Ft – Sold 7/5/18 For $208,000 – 0.1 miles away – On market 7 months(Owner listed for $230K he was unrealistic. They reduced to $197K on 4/14/18 and got a contract for over asking 2 weeks later)

2) 8730 S Honore St Chicago, IL 60620 – 4 Bed 2.5 Bath 1200 Sq Ft – Sold 3/29/18 For $165,000 – 0.1 miles away – On market 6 months

3) 8730 S Marshfield Ave Chicago, IL 60620 – 3 Bed 2.5 Bath 1328 Sq Ft – Sold 7/6/18 For $160,000 – 0.4 miles away – On market 4 months

Contingent:

1) 8408 S Paulina St Chicago, IL 60620 – 4 Bed 2 Bath 1110 Sq Ft – 0.5 miles away – Listed at $189,900

2) 8714 S Wood St Chicago, IL 60620 – 4 Bed 2.5 Bath 1060 Sq Ft – 0.1 miles away – Listed at $179,000

  • Taxes will be prorated at 100%
  • Buyer will receive title free and clear
  • Buyer pays ALL closing costs
  • Cash or hard money only
  • Realtors add your commission
  • POF required for viewing
Price:
$65000
Address:
8722 S Honore St
Chicago, IL 60620
Square Feet:
1105
Lot Size:
4850
Bedrooms:
3
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Basement:
Full unfinished
Const. Type:
Brick

Call (312) 800-1617 for more details

Property Location

Looking For Investment Properties?

Fill out the form below to join our "Preferred Property Buyers" list and for local real estate updates too!

Enter Your Information Below To Get Immediate Access

... to our HANDYMAN specials. *These are not on the MLS - Many are below $100k. Available properties on the next page.
  • This field is for validation purposes and should be left unchanged.