This 3-bedroom, 1-bathroom home offers a solid value-add opportunity for an investor or flipper. The property is outdated but appears to have been well maintained, making it a potential candidate for a cosmetic renovation and repositioning.
The property consists of 5 total parcels, providing a larger overall footprint and additional potential for an investor to explore.
Property Details:
- 1,136 SF
- 3 bedrooms / 1 bathroom
- 25,701 SF lot / 0.59 acres
- 5 total parcels
- Detached garage
- Crawl space with a small cellar in addition to the crawl
- Plaster walls
- Vinyl windows ā approximately 20 years old
- Roof ā approximately 17 years old
- Furnace ā approximately 1 year old
- A/C ā approximately 15 years old
- Water heater ā approximately 9 years old
- Duke Energy electric
- CenterPoint gas
- Cicero Utilities water & sewer
šØ Investor Angle:
The home has an older/outdated interior, presenting an opportunity for a buyer to renovate and add value. The newer furnace is a plus, while the larger lot and five-parcel configuration could make this worth a closer look for flippers, landlords, or investors evaluating future potential.
š Nearby Comparable Sales:
- 850 Washington Ave
- 2 BD / 1 BA
- 840 SF
- Sold: $180,000
- Condition: As-Is/Days on Market: 5
- 269 Buckeye St
- 2 BD / 1 BA
- 1,292 SF
- Sold: $200,000
- Sale Type: Cash
- Condition: As-Is/Days on Market: 2
- 70 W Armitage St
- 3 BD / 1 BA
- 1,228 SF
- Sold: $236,000
- Days on Market: 3
|
|