8120 S Houston Ave, Chicago, IL 60617, USA

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

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

Resources:

• The listing price is based on our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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