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3609 175 Pl Country Club Hills, IL 60478 2 Bedrooms     2 Bathrooms    1032 Sq Ft

Property Overview

Single Family Price: $70,000 3 Bed, 1.5 Bath Garage: 1 Car Year built: 1972 Property Size: 1,032 Sqft Lot Size: 7,800 Sqft Taxes 2017: $6,919.18 Estimated Flip Rehab: $45,000.00 Estimated ARV: $150,000 Current Rent: $1,000 Estimated Flip ROI: 22%+ Estimated Current Rental Cap Rate: 5.7%+ Proforma Section 8 Cap Rate: 12%+ This tri-level single family home sits on a large lot in beautiful Country Club Hills. Many features of this home were updated 7 years ago including the roof, furnace and water heater. The property is currently rented out to a tenant who pays $1,000 a month and all utilities. Their lease is up in May. Section 8 Fair Market Rent for a 3 bedroom like this in 60478 is $2,040. For a new market renter or Section 8, minor cosmetic repairs would need to be made. For a flip, more extensive rehab would be needed including updating the kitchens, baths, new flooring and paint. Taxes have not been contested and can be potentially lowered to the $5k range. *DISCLAIMER: This information is deemed reliable but is not guaranteed Act Fast! This won’t be available for long! The first one with a signed contract and earnest money gets the deal. - We have equitable interest in the property and we are selling our contract. - Cash or private/ hard money only. - 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 due all your inspections and due diligence up front before contracting.

Property Details

    • Price: $70,000.00
    • Bedrooms: 2.0
    • Bathrooms: 2.0
    • Square Footage: 1,032
    • Garage: Attached Garage