Cook County, Chicago, IL 60628

CHICAGO, IL | CASH-FLOWING RENTAL | TENANT OCCUPIED | DOUBLE-WIDE LOT 10136 S Wallace St, Chicago, IL 60628 Asking Price: $130,000Estimated ARV: $250,000–$270,000Current Rent: $1,500/MonthClosing: On or Before December 11th, 2026 Excellent investment opportunity in Chicago's Roseland/Fernwood area! This 4-bedroom, 2-bathroom single-family home offers approximately 1,450 SQFT of living space on an oversized 50 × 125 FT double-wide lot. With a month-to-month tenant currently paying $1,500/month, investors can acquire an income-producing property with potential rental upside and long-term appreciation opportunities. PROPERTY SNAPSHOT • 4 Bedrooms / 2 Bathrooms• 1,450 SQFT• Two-Story Single-Family Home• Built in 1920• Double-Wide Lot | Approx. 6,250 SQFT• Garage Parking• Tenant Occupied — Month-to-Month• Current Rent: $1,500/Month• Annual Gross Rent: $18,000• Property Taxes: Approx. $2,014/Year (2024)• Previously Used for Section 8 Rentals CONDITION & RECENT IMPROVEMENTS • New Water Heater Reported• Furnace Control Board Replaced• Partial Roof Replacement• Chimney, Flashing & Shingle Repairs• Previously Updated Kitchen & Bathrooms• Hardwood Flooring Reportedly Refinished• Buyer to Verify Current Condition & Improvements RENTAL INCOME POTENTIAL Current Rent: $1,500/MonthCurrent Annual Gross: $18,000 Estimated Market Rent: Up to $2,500/Month (Zillow Estimate) Potential Rental Upside: Up to $1,000/Month, subject to market conditions and applicable tenancy requirements. WHY INVESTORS SHOULD LOOK • $130K Asking vs. $250K–$270K Estimated ARV• $120K–$140K Potential Gross Value Spread Before Costs• Existing Tenant Producing $18K Annual Gross Rent• Potential Rental Income Growth• Oversized Double-Wide Lot• Recent Mechanical & Roof Improvements Reported• Previous Section 8 Rental History• Potential Long-Term Buy & Hold / BRRRR Opportunity POTENTIAL EXIT STRATEGIES • Buy & Hold• BRRRR• Section 8 Rental SUBMIT YOUR HIGHEST & BEST OFFER! Disclosure: We are marketing our equitable interest in a Purchase and Sale Agreement. We are not the owners of the property, and this is not an offer to sell real estate. [representative] participates in transactions as a principal, JV participant, or contractual interest holder where permitted. We do not act as a real estate broker, agent, or fiduciary unless expressly agreed in a separate, written, licensed brokerage agreement. Many opportunities involve assignment, novation, double closing, or other transfers of contractual rights or equitable interests, not the sale of real property by [representative]. Availability of services and required disclosures vary by state, property type, and transaction structure. No outcome, offer volume, pricing, or closing is guaranteed.