7407 S St Lawrence Ave, Chicago IL 60619
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As a Conventional Deal:
- Price: $65,000
- Rehab Cost: $100,000
- After Repair Value: $295,000
- Potential Profit: $106,000
As a Buy & Hold:
- Price: $65,000
- Rehab Cost $75,000
- Estimated Annual Income: $50,400
7407 S St Lawrence Ave, Chicago IL 60619.
This is a 4 unit frame property in Grand Crossing on a triple lot.
8 beds, 4 baths. This property is currently vacant.
There is no basement, just a crawl space. Two car garage.
Potential gross monthly income is $4,200 at $1,050 per unit.
Tenants are responsible for their own utilities.
Property is being sold as is, please do your own due diligence.
First person with a signed contract and earnest money gets the deal.
*The rehab amount is a firm quote provided by our contracting partner to fully complete the project and includes all materials and labor. Buyer to pay ALL closing costs. Buyer should conduct their own due diligence prior to submitting an offer.
Recently Sold Comps:
- 7348 S Vernon Ave | Sold 10/20 | $350,000
- 7408 S Eberhart Ave | Sold 04/20 | $305,000
- 7413 S Evans Ave | Sold 10/20 | $227,000