[$140k] Chicago, North Lawndale Area Investment Property- 2 Units – ARV $315k

Address: 38XX W Grenshaw St Chicago, IL 60624
Asking price: $140,000
After rehab value: $315,000

5 Bedrooms

2 Bathrooms

2,250 Sq.Ft.

2,880 Sq.Ft. Lot

2 Car Garage

Built in 1990

Type: Brick 2-unit 

Basement: Unfinished. It can be finished to add beds and bath.

Rehab: cosmetic rehab 
Occupancy: 1 unit is occupied 
Rents for up to: $2700 per month after rehabbed with finished basement.
 
Taxes: $2736 per year
 
 

North Lawndale area Brick 2 unit only $140,000. Estimated after rehab value $315,000. Brick 2-unit with 5 beds, 2 baths, 2250 sq feet, 2 car garage, unfinished basement. 

Property needs cosmetic rehab and the basement can be finished to add beds and bath. Rehabbed sold comparables in North Lawndale area Chicago IL sold within 1/2 mile away and in the last 6 months average $315,000. Property can be rented for $2700 per month after rehabbed. 
 
Sold Comparables in North Lawndale area Chicago IL sold in last 6 months within 1/2 mile away. Click on sold comparable to view more details
 
1527 S Central Park Ave Chicago, IL 60623 $295,000 Sold July 23, 2020, 6 Beds 3 Baths 2652 Sq. Ft
 
3446 W Lexington St Chicago, IL 60624 $310,000 Sold March 17, 2020, 5 Beds 2 Baths 2628 Sq. Ft
 
1253 S Millard Ave Chicago, IL 60623 $345,000 Sold August 21, 2020, 7 Beds 3 Baths 2358 Sq. Ft.
 
PENDING 746 S Karlov Ave Chicago, IL 60624 $299,900 Listed at Price 8 Beds 3 Baths 2394 Sq. Ft
 
PENDING 1523 S Kostner Ave Chicago, IL 60623 $315,000 Listed at Price 7 Beds 3 Baths 1918 Sq. Ft.
 
PENDING 3822 W Polk St Chicago, IL 60624 $344,000 Listed at Price 7 Beds 3 Baths 2536 Sq. Ft
 
Estimated After Rehab Value $315,000
 
For showings and more details on properties contact:
Act Fast 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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