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$12,000 / 2br - 836ft2 - 🏡 INVESTOR DEAL – TAKE OVER FOR ONLY $12,000 UP FRONT! ($225K ARV)64148815003009120
$12,000 / 2br - 836ft2 - 🏡 INVESTOR DEAL – TAKE OVER FOR ONLY $12,000 UP FRONT! ($225K ARV)64148815003009121
$12,000 / 2br - 836ft2 - 🏡 INVESTOR DEAL – TAKE OVER FOR ONLY $12,000 UP FRONT! ($225K ARV)64148815003009122
$12,000 / 2br - 836ft2 - 🏡 INVESTOR DEAL – TAKE OVER FOR ONLY $12,000 UP FRONT! ($225K ARV)64148815003009123
$12,000 / 2br - 836ft2 - 🏡 INVESTOR DEAL – TAKE OVER FOR ONLY $12,000 UP FRONT! ($225K ARV)64148815003009124
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$12,000 / 2br - 836ft2 - 🏡 INVESTOR DEAL – TAKE OVER FOR ONLY $12,000 UP FRONT! ($225K ARV)

1 bath
address5400 S Seeley Ave, Chicago, IL 60609, USA

Description

Address: 5xxx S Seeley Ave, Chicago IL 60609 Beds/Baths: 2 Bed / 1 Bath | 836 sq ft | Lot Size: 3,125 sq ft Neighborhood: Back of the Yards / New City – active investor area with multiple new rehabs nearby đŸ’„ Deal Snapshot ARV (After Repair Value): $210,000 – $230,000 Rehab Estimate (Full Gut): $70,000 – $80,000 Take-Over Structure: $12,000 up front + $67,000 due after refi Total Effective Price: $79,000 Projected Profit: $55K – $70K+ depending on finish level 🏗 Work Needed Full gut rehab required — roof, windows, mechanicals, plumbing, electrical, drywall, kitchen, bath, and flooring. Ideal layout to add a third bedroom or second bath to maximize value. 💎 Why This Is a Win ✅ Only $12K upfront to control the property ✅ Strong ARV $210K – $230K supported by recent local sales ✅ Equity spread remains high even after full rehab ✅ Quit Claim Deed – fast, simple transfer process ✅ Perfect for rehab-and-refi or flip investors with experience in full rebuilds 📊 Comparable Sales (Back of the Yards / New City, 2024) Address Beds/Baths Sold Price Notes 5539 S Seeley Ave 3 / 1 $229,900 Rehabbed bungalow nearby 5515 S Seeley Ave 2 / 1 $215,000 Smaller layout 5528 S Justine St 2 / 1 $210,000 New mechanicals 5438 S Hermitage Ave 3 / 2 $235,000 Recent flip Supported ARV: $210K – $230K 💰 Numbers That Work Metric Amount ARV $225,000 Rehab $75,000 All-In Cost (approx.) $155,000 – $165,000 Projected Profit ≈ $55,000 – $70,000+ 📑 Terms Sold As-Is via Quit Claim Deed Buyer responsible for city compliance, stamps, or title updates Cash or investor financing accepted Quick close preferred 📞 Call / Text Easy Living at show contact info for walk-through access, and contract details. đŸ”„ Back of the Yards 2-bed full gut rehab with $225K ARV potential — take it over today for just $12K down!

Source:  craigslist View original post

Location
5400 S Seeley Ave, Chicago, IL 60609, USA
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