[$130k] Chicago, Humboldt Park Area Investment Property – Brick 2 units – ARV $400k

Address: 8XX N Monticello Ave, Chicago IL 60651
Asking price: $130,000
After rehab value: $400,000

4 Bedrooms

2 Bathrooms

2,184 Sq.Ft.

3,125 Sq.Ft. Lot

No Garage

Built in 1921

Type: Brick 2-unit 

Basement: unfinished, can be finished unit or in-law
Rehab: gut rehab
Occupancy: occupied squatters
Rents for up to: $3600 per month after rehabbed. 
Taxes: $3295 per year

Humboldt Park area brick 2 unit only $130,000. Estimated after rehab value $400,000. Brick 2 unit 4 beds, 2 baths, 2184 sq feet, unfinished basement.

Investment property in Chicago needs gut rehab, basement can be finished to add beds and baths. Rehabbed sold comparables in Humboldt Park area Chicago IL sold within 1/2 mile away and in the last 6 months average $400,000.

Property can be rented for $3600 per month.  

Sold Comparables in Humboldt Park area Chicago IL sold in last 6 months within 1/2 mile away. Click on sold comparable to view more detail
735 N Monticello Ave Chicago, IL 60624 $415,000 Sold July 24, 2020, 7 Beds 3 Baths 2172 Sq. Ft
3328 W Division St Chicago, IL 60651 $425,000 Sold July 30, 2020 4 Beds 3 Baths 2060 Sq. Ft. : 
518 N Troy St Chicago, IL 60612 $395,000 Last Sold May 21, 2020, 7 Beds 3 Baths 1,976 Sq. Ft. 
845 N Keystone Ave #1 Chicago, IL 60651 $350,000 Last Sold August 7, 2020, 4 Beds 2 Baths 1,346 Sq. Ft
PENDING 523 N Kedzie Ave Chicago, IL 60612 $439,900 Listed at Price 5 Beds 3 Baths 2224 Sq. Ft
PENDING 1226 N Central Park Ave N Chicago, IL 60651 $380,000 Listed at Price 5 Beds 2 Baths –Sq. Ft.
Estimated After Rehab Value $400,000
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This will be gone Fast. The first one with a signed contract and earnest money gets the deal.
We have an equitable interest in the property and we are selling our contract. 

Cash or private/ hard money only. We have affiliated 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 do all your inspections and due diligence up front before contracting.

Realtors add your commission to the price.

Proof of funds required for viewing.

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