Great Potential Rental

915 Larkin Ave, Elgin, IL 60123

$210,000 After Repair Value -
$125,000 Asking Price -
$35,000 Cost of Repairs =
$50,000 Potential Profit

Property Details

Asking Price $125,000

After Repair Value $210,000

Costs of Repairs $35,000

Potential Profit $50,000

Living Area N/A

Property Type Unknown

Bedrooms 5

Bathrooms 2

Half Bathrooms 0

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $1,500

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

This 5 Bedroom 2 Bathroom Home is One Not to Be Missed

Potential Rental Income $1,500
(Creative may make this home a two unit home for more profit)
This beauty is a highly profitable home located in Elgin, IL. The current ARV for this property is $210,000.

- Contract for this home $95 (highest and best)
- Repair Costs ~$40K
- AVR $215K +

No Wholesalers Please! This will not be a JV Deal.

We have ownership interest in this property and am selling this contract to purchase the home via contract assignment.

- Contract to purchase this property is to be sold only to a cash or hard money purchaser.
- Contract states property is being sold as-is, where-is.
- $5,000 non-refundable earnest money deposit is required upon signing a contract.
- Buyer shall be responsible for paying ALL associated closing costs.

Text or Call for Pictures or Showing

Repairs Needed

Sanding and Varnish Wood Floors\r\nFix broken Windows,\r\nFix Minimal Drywall\r\nPaint and Trim\r\nUpdate Bathroom


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