I want to present you with a prime investment opportunity in the rapidly growing South Chicago area. This partially rehabbed single-family home is ready for the right investor to take the reins and complete the project.(pictures down below).
Here are the details:
Asking price: $75,000
Property Address:
8120 S Houston Ave, Chicago, IL 60617
Key Details:
• ARV: $251,000
• Rehab Cost: $60,000 (estimated)
• Layout: 4 Beds | 2 Baths | 1,224 Sqft
• Basement: Full
• Attic: Can be converted into an additional bedroom
Comps:
• 8935 S Oglesby Ave (4 bed, 2.5 bath, 1,232 sqft) - SOLD for $299,000 (2024)
• 8425 S Escanaba Ave (4 bed, 2 bath, 1,450 sqft) - SOLD for $228,000 (2024)
• 8718 S Paxton Ave (3 bed, 3 bath, 1,889 sqft) - Adjusted value: $226,000 (2024)
Neighborhood Highlights:
• Investor-friendly and gentrifying area with increasing property values
• Proximity to Lake Michigan, Rainbow Beach Park, Russell Square Park, DuSable Lake Shore Drive
• Convenient access to Metra 83rd St Train Station and CTA
• Opportunity Zone benefits for additional tax incentives
Property Condition:
• Roof, plumbing, and electrical systems are in good condition
• Partially rehabbed, ready for completion
CLOSE DATE: Close in as little as 2 weeks.
Don’t miss out on this opportunity to secure a property in an appreciating market. Contact me immediately for more details or to schedule a walkthrough.
Best regards,
Daniel Yogei
Yogeidaniel597@gmail.com
763-316-8269
https://drive.google.com/drive/folders/1-C_wPVIe6csCvrAuvCRQpsTw3Gyi-Drj