5105 W Melrose St Chicago IL Sold

$157,000 4 bd, 2 ba, 1800 sqft

Sold

Portage Park Brick Ranch home only $157,000 After Repair Value $475,000. Brick single family with a coach house in the back 4 beds 2 baths 1800 sq feet. Property needs cosmetic rehab. Add additional square footage for big profits. Many options, leave it as a multi unit with coach house estimated after repair value $278,000,  make into a single family with garage estimated after repair value $270,000 , or add additional square footage.  Sold comparables with an addition in portage park sold for $409,000 to $530,000. House can be rented for $1,700 per month. Coach house can rent for $800 per month total of $2,500 per month.  Portage park is hot area act fast! First one with earnest money and contract gets the deal.
Taxes: $4,300


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ADD ADITIONAL 1,000 SQUARE FEET

Sold Comparables in Portage Park  sold in last 12 months within 1/2 mile away. Comparables are if you add addition to the house. Click on comparable for more details of each one
Estimated After Repair Value $475,000 add addition over 1000 sq feet

REHAB EXISITNG PROPERTY MAKE SINGLE FAMILY HOME WITH GARAGE
Sold Comparables in Portage Park  sold in last 12 months within 1/2 mile away. Similar style/size house. Comparables are for rehabbing existing property into a single family home. Click on comparable for more details of each one
Estimated After Repair Value $270,000 leave as single family home

LEAVE PROPERTY AS A 2 UNIT WITH THE COACH HOUSE
Sold Comparables in Portage Park  sold in last 12 months within 1/2 mile away. Comparables are if you add addition to the house. Click on comparable for more details of each one
Estimated After Repair Value $278,000, Rehab existing 2 units.

How To By

These properties sell very fast and are sold on a first come first serve basis, so if your interested and would like to put this property under contract please download the contract package below. Please fill out and fax back to us at (312) 572-9912. Or you can call the office at (312) 757-6489

Download Contract Here


The first one with a signed contract and $2,500 earnest money gets the deal.

  • Buyer pays ALL closing costs
  • Buyer will receive taxes prorated to 100 percent and free and clear title
  • Realtors add whatever fee you want
  • Proof of funds required for viewing
  • Please do your own due diligence.

We Pay Referrals Fees! So, if you know someone that would be interested in this deal please forward this email to them.

Do you need money? We have lenders ready to lend. Call us for more details.

Click here to view our current list of properties for sale.

Property Details

Price:
$157,000
Address:
5105 W Melrose St
City:
Chicago
State:
IL
Zip Code:
60641
Year Built:
1951
Terms:
For Sale
Property Type:
Home
Square Feet:
1800
Bedrooms:
4
Bathrooms:
2
Basement:
Finished
Lot Size:
3750
Const. Type:
Brick

Call (312) 757-8232 for more details

Property Location

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