Retail

**UPDATED 2016** BRICK 2 FLAT WITH HUGE BACKYARD

5538 S Winchester Ave, Chicago, IL 60636

$390,000 After Repair Value -
$298,000 Asking Price -
$15,000 Cost of Repairs =
$77,000 Potential Profit

Property Details

Asking Price $298,000

After Repair Value $390,000

Costs of Repairs $15,000

Potential Profit $77,000

Living Area N/A

Property Type Multi-Family

Bedrooms 5

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income N/A

Yearly Expenses $4,500

Property Taxes $2,000

Net Operating Income $28,800

Cap Rate 8.2

Property Description

**UPDATED 2016** BRICK 2 FLAT WITH HUGE BACKYARD. Updated Hardwood Floors & Ceramic Tile Throughout. Secured Entrance & Privacy Gate surrounding property. LARGE fenced-in backyard ideal for family events, pets or gardening.

Repairs Needed

Paint throughout, basement needs to finished. It\'s already framed out.

CONTACT LISTING OWNER

Michelle Irvin

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