Holy Toledo this has a lot of equity and cashflow!

6118 S Eberhart Ave, Chicago, IL 60637

$350,000 After Repair Value -
$75,000 Asking Price -
$0 Cost of Repairs =
$275,000 Potential Profit

Property Details

Asking Price $75,000

After Repair Value $350,000

Costs of Repairs $0

Potential Profit $275,000

Living Area 4956 ft2

Property Type Unknown

Bedrooms +7

Bathrooms 4

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

Asking price: $75,000
Brick 4 unit
Beds 11
Baths 4
Sq feet 4956
Basement unfinished
Garage none
Lot size 3750
Year Built 1905
ARV of $350,000
Brick 4 unit in the West Woodlawn area. Only $75,000. Estimated after rehab value $300,000 plus. Fully gutted ready for you to finish this one you can change the layout however you want you can make this 3 beds 2 baths each unit. Huge 4 unit with 11 beds, 4 baths, 4956 sq feet, unfinished basement. This property will generate $4800 per month and $57600 per year in rental income fully occupied. Act fast deals this one will be gone quick.
Act Fast this will be gone Fast. The first one with a signed contract and earnest money gets the deal.
We have equitable interest in the property and we are selling our contract.
Cash or private/ hard money only. We have lenders ready to lend contact us.
Buyer pays ALL closing costs which include Transfer taxes, title insurance, and title company fees.
Buyer will receive taxes prorated to 100 percent and free and clear title
Please due all your inspections and due diligence up front before contracting.
Realtors add your commission to the price.
Proof of funds required for viewing.
Do you know someone that would buy this deal
For more info
Please contact Jean (contract holder)
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