Flippers need houses to rehab. Landlords need real estate to add to their portfolio. Multi-Family investors are real estate investments and the Wholesalers want anything with good numbers.
So how do you find good properties and deals?
You never know what gems you can find
Date: 9/26/18
Do You Own or Control This Property? Yes
Name : Alex Fenske
Email: alex@chicagosouthlandhomes.com
Phone: 708-508-2539
Is The Property Listed With An Agent?: Yes
Property Type: Portfolio of single family homes
Property Address: Park Forest, IL 60466
Property URL (website listing):
http://chicagosouthlandhomes.idxbroker.com/idx/details/listing/a019/10085898/CONFIDEN-CONFIDENTIAL
Benefits Offered: $42,000/yr gross rents / 12%+ Cap Rate
Benefits Sought: $315,000
Description: Portfolio of seven single family homes inside a 1/4-mile radius. All properties are 2bd/1ba, professionally rehabbed within the past 2-6 years, 5 of 7 occupied on 12-month leases with no delinquency (blend of market rate and Section 8) with 2 tenants moving out soon. Seller will leave vacant or place tenants if buyer prefers. Portfolio generates over $42,000/yr in gross revenue. Taxes have all been appealed and average $5,400/yr/house with no exemptions, and assessed values can be appealed DOWN 10%+ after purchase.
Date: 9/19/18
Name : Raymond Barnes
Email: raybco@usa.com
Phone: 310-493-7292
Is The Property Listed With An Agent?: No
Property Type: SFR
Property Address: 23 River Ridge Dr., Sleepy Hollow IL 60118
Description:
6 Bedroom, 6.5 Bath House worth $850K+. Previous price $600K. Must sell. Currently discounted an additional $21K! Asking $579K OBO. Last chance to buy this dream house at a discount. The best offer made by Monday, 9-24-2018 will become the proud owner. Adjacent 0.73 acre lot, valued at over $100K, is also available and has it's own separate PIN. Buy both and receive an additional $10K discount, for a total of $669K! Both assets are located in the prestigious "The Bluffs" Community of Kane County, with recent comparable sales of $111 to $158 per square foot. The Home (23 River Ridge Dr)... Over 7000 sqft of luxurious living space, plus a large basement. Located on a 0.70 acre lot. That's 1.43 total acres if you also purchase the adjacent lot! Large circular driveway for smooth entries and exits. As you enter you are immediately greeted by the huge, inviting foyer with double curved staircase. Equipped with a gourmet, large open kitchen with center island and high-end appliances. The Master Bedroom Suite includes two walk-in closets and a luxury bath. Attached is an in-law home/apartment with separate entrance and it's own garage. Can be used to privately accommodate extended-stay guests, or rented to tenants for additional income. Generous floor plan allows you to entertain multiple guests with ease, and the home also includes a large rear wooden deck, perfect for seamlessly taking the party outside. This home is packed with features. There are simply too many to list. Built in 1995, the home only needs lawn care and perhaps an application of wood deck weather treatment. The Additional Land (21 River Ridge Dr)... 0.73 acres of open, ready to build on space. A blank canvas even larger than the lot of the current house. Use your creative vision to build a neighboring home even more grand, or enjoy the open space and it's potential to become a vast garden, full-size tennis court, artistically landscaped retreat, car-collection garage, a space for weddings...the possibilities are endless. Submit your best offers including Proof of Funds/Pre-Quals before 3:00PM CST, Monday, 9-24-2018, to raybco@usa.com, 310-493-RAYB (7292) Offers can be made for the house alone, or for the house plus adjacent land. Land-only offers will not be entertained until after 9-24-2018 (if still available). No decisions will be made before 9-24-2018. Opportunities such as this do not occur often. Submit your highest and best without delay. Good luck!
Date 9/5/18
Name : Dick Hamilton
Email: hamincent@gmail.com
Phone: 708-606-7651
Is The Property Listed With An Agent?: yes
Property Type: 4 Unit Apartment
Property Address:
3635 W. 120th Street, Alsip IL 60803
Description:
ATTENTION INVESTORS!!! Alsip, IL - 4 Flat (4 Unit Apartment Building) Brick - located on quiet street. Great Location, easy access to I-294. This Building offers "OWNERS UNIT" 3 Bed/1 3/4 Bath on first floor. 2 UNITS with 2 Bed/1 Bath and the 4th UNIT is a 1 Bed/1 Bath. ALL UNITS ARE RENTED. Coin Laundry located on 1st floor generates Extra Income. New hot water tank 2018. GREAT CONDITION - Selling AS-IS. 4 parking spots in the back of the building. Tenants are responsible for cooking gas and electric.
Date: 8/16/18
Name: Dan Kernes
Email: dkernes@evgm.com
Phone: 815-341-0987
Is The Property Listed With An Agent?: No
Property Type: Commercial
Property Address:
1250 N. Green Street McHenry IL 60050
Benefits Offered: Great Return / We secured
Benefits Sought: 160,000 cash in the deal
Description:
We have a building that when leased up will be worth well over $650,000. We have a current land contract (assignable) of which we pay $2,500 a month and owe $315,000. We have spent approximately $150,000 in renovation, rezoning, bringing the building up to code, and build out. Now we are coming up short on the final build out because of carry costs created from village and contractor delays. Looking for 160,000 loan @ 15% secured by real estate and traceable revenue, or an outright sale with lease back. Open to creative options
Property submitted takes approx. 2 days to post on the website and is left up for 1 month.