Joliet IL | FULL COSMETIC REHAB FLIP | ASK 99k ARV 210k

2 Beds / 1 Baths โ€ข 752 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1949
  • 752
  • 5874
  • Detached Garage

Description

๐Ÿ  Assignment Opportunity โ€“ 1124 Nicholson St, Joliet, IL 60435

Assignment Price: $99,000 + CC

Estimated ARV: $210,000

Exit Strategy: Flip

๐Ÿ“ Property Details

Address: 1124 Nicholson St, Joliet, IL 60435

Type: Single Family Home

Year Built: 1949

Square Footage: 752 sq ft

Lot Size: 5,874 sq ft

Beds / Baths: 2 Bed / 1 Bath

Occupancy: Tenant Occupied

Parking: Detached Garage

๐Ÿ›  Rehab Overview

Rehab Scope:

  • Full interior cosmetic rehab needed
  • New roof required
  • Garage door replacement
  • Unfinished basementโ€”potential for additional space

Big Six:

  • Roof: Needs replacement
  • Foundation: No known issues
  • HVAC: No known issues
  • Electrical: No known issues
  • Plumbing: No known issues
  • Hot Water Heater: No known issues

๐Ÿ“ Property & Deal Notes

โœ… Strong flip potential with solid structural bones

โœ… Detached garage provides added utility

โœ… Unfinished basement offers upside opportunity

๐Ÿ“ž TEXT OR CALL BEVANS & BOMBICH LLC FOR A SHOWING TODAY: 737-399-2575

PROPERTY SOLD AS IS | EMD $2,500

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller granting this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempt to renegotiate or communicate with the seller directly will result in legal action.

Estimated Spread

  • ARV $210,000
  • Price $99,000
  • Spread $111,000