2201 W Monroe, Chicago, IL 60612
Great rehab opporunity blocks away from the United Center. Brick 2-unit selling for $243,000. Estimated After repair value $375,000. Brick 2 unit with 4 beds, 2 baths, 3,572 sq feet, unfinished basement can be a 3rd unit. Property needs rehabbing. Finish the basement to make a 3rd unit or duplex with first floor. Or convert building into 3 condos. Condos are selling from $135,000 to $185,000 in the area. Rehabbed sold comparables for 2 to 3 units in the area sold for average $375,000. After rehabbed property can rent for up to $4,200 per month. Act fast property is steps away from the united center where the Chicago Bulls play.
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 it out and email it back to contract @ Chicagopropertydeals.com . Or you can call the office at (312) 757-6489
This deal won’t last so ACT FAST! The first one with a signed contract and earnest money gets the deal.
- We Have equitable interest in the property and are selling our contract
- Cash or private/ hard money only
- If using hard money you can only use lenders we approve
- Buyer pays ALL closing costs, which includes transfer tax, title insurance, and title company fees
- 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.
- Earnest money is non-refundable unless one of the following happens:
- We cannot provide clear title
- Property is destroyed, wholly or partially, by fire or other casualty prior to closing.
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.