Prehab This Condo with Amazing views in Palatine

1275 E Baldwin Ln, Palatine, IL 60074

$100,000 After Repair Value -
$69,000 Asking Price -
$2,500 Cost of Repairs =
$28,500 Potential Profit

Property Details

Asking Price $69,000

After Repair Value $100,000

Costs of Repairs $2,500

Potential Profit $28,500

Living Area 900 ft2

Property Type Condo

Bedrooms 1

Bathrooms 1

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1,100

Yearly Expenses $1,000

Property Taxes $1,922

Net Operating Income N/A

Cap Rate N/A

Property Description

Prehab this fully remodeled 1bd/1bth spacious unit in a great building! This unit was updated fully within the past 2 years by the insurance company due to some minor smoke damage from a neighboring unit. With a new kitchen, updated bathroom, and beautiful floors, this condo is priced to sell! Comparable properties are renting for up to $1,100 a month! Rehab Level: Get New Appliances County: Cook Neighborhood: ARV: $95K Asking Price: $69K Bed: 1 Bath: 1 Assessment: $289/month Parking: 1 Car Parking in Garage 2015 Taxes: $1,922 Comps are all within .5 miles of the subject property and were sold within the last 6 months. 1 Bed 1 Bath (As-Is Not Rehabbed) 3000 Bayside Dr Unit 213, Palatine, IL 60074 Sold for $86K on 02/23/17 1469 N Winslowe Dr Unit 301, Palatine, IL 60074 Sold for $75K on 2/22/17 2 Bed 2 Bath (Rehabbed in the same building) 1243 E Baldwin Ln Unit 402, Palatine, IL 60074 Sold for $149K on 5/19/17 1275 E Baldwin Ln Unit 601, Palatine, IL 60074 Sold for $149K on 5/16/17 HOW CAN WE MAKE THIS DEAL WORK FOR YOU? WE ARE HERE TO MAKE DEALS WORK. EVERY OFFER WILL BE CONSIDERED. MAKE YOUR BEST OFFER TODAY. Your feedback is very valuable, and essential to us. If this deal does not fit your investment criteria, let us know why so we can get more of what you want. The highest Cash Offer will take the deal. Do your due diligence before contracting. Send in Proof Of Funds along with your Offer. Cash Offers will be favored. Show me Pictures For showings and more details contact our Dispositions Manager Rashida Kharkhariwala Rashida at 312.796.6697 Deals@PrimeRealEstateDeals.com Click Here to See a List of our Availble Off Market Deals We have equitable interest in the property and we are selling our contract. This is a wholesale deal. Due your own due diligence. The info listed above is to the best of our knowledge Cash or private/hard money only 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 do 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 please forward this email we do compensate for marketers The first investor with a signed contract and earnest money gets the deal Do you need money? We have lenders ready to lend. Call us for more detail This is an IRA Qualified investment *DISCLAIMER: This information is deemed reliable but is not guaranteed

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