Cook County, Chicago, IL 60632
5 bd3 ba1,536 sfBuilt 1898
Gross spread$240,000
Description
Off-market Multi Family in Cook County priced at $210K against a $450K ARV. That's a $230K spread — roughly 53% below after-repair value — on a home that already carries big-ticket updates. Absentee owner, owned free and clear, zero open liens on record — a clean, motivated path to close. DEAL SNAPSHOT Type: Multi-Family Beds/Baths: 5 / 3 Sqft: 1,536 | Lot: 3,150 sqft | Built: 1898 Buy-Now Price: $210,000 ARV: $450,000 Rehab Estimate: $100,000-$125,000 Spread to ARV: $200,000 (~53% below ARV) Liens on Record: 0 INVESTMENT HIGHLIGHTS - Roof 1-3 yrs, furnace 0-5 yrs, central A/C — capital items already handled - Slab foundation in excellent condition - Owned free & clear, absentee owner, zero liens — clean title path - Flip or hold: 1,536 sqft 3/2 in a rental-heavy Southwest Side pocket DISPO NOTES / TERMS - Occupancy: Tenant Occupied — confirm on access - Showings: Appointment Only - Cash / hard money only, close on the seller's timeline - Buyer covers standard closing costs Serious cash buyers — call/text Tristin McCarthy to lock your walkthrough and get your bid in before this one trades.
$/sqft vs market
Median of 38 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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