Chicago Wholesale Deals
August 5, 200824 East 118th St., Chicago, IL 60628
November 12, 2009Are You A Rehabbers – Check Out This Hot Deal
Hyde Park Rehabber Steal
24 East 118th St., Chicago, IL 60628
Frame 2.0 Br / 1.0 Ba

See Detals At
http://napogino.vflyer.com/home/flyer/home/2937697
Chicago Wholesale Investment Real Estate Deal
http://napogino.vflyer.com/home/flyer/home/2937697
Property Details:
Frame 2.0 Br / 1.0 Ba
Exterior Features
***Its lay out was a bit confusing. Although it appears to be a two family flat there is only one bedroom with a closet. White vinyl siding home with black trim. Front yard is small as is typical in the neighborhood. Back yard is fairly sizeable and there is a tall privacy fence leading into the alley – entrance to the back has been sealed in order to prevent entry through the back. Roof is worn and will need to be repaired / replaced – a tarp has been laid in order to keep water out. There is some water damage inside as a result. The soffits and eaves are peeling and will need paint. Gutters are present but will need some repair. Covered front porch will need a bit of repair as well. Windows are wood framed. Foundation shows no major signs of shifting. Parking is available on the street.
Interior Features
Living room is nice and large. It has some boarded windows and the carpet will need to be replaced. Ceiling and walls have some holes in them and will need some repair. Bathroom is present but will need a new toilet, tub, and sink – linoleum floor is still in good condition. Kitchen is present but will need new cabinets, counter top, and sinks. There is a extra room here that could double as a study or a den because it does not have a closet. Utility room in the back has some damage to the walls. The basement looks as though it was finished at some point but has since been affected my moisture. (Up): Dining area is located as you come up the stairs. The walls will need some repair and paint in each room here. There is some evidence of moisture getting into the home. Adjacent to the dining there is a very large bedroom and it is the only one with a closet in this home. Kitchen upstairs needs cabinets, counter tops, and sink. There is another extra room with no closet and its walls are white with brown trim – the flooring is linoleum here. Mechanicals: There are no functional mechanical features to this home.
Cook County Tax Assessor’s Office Shows Property as
PIN 25-22-313-018-0000
Property Characteristics
Estimated 2009 Market Value
The market value of your property was revised due to the 10/25 ordinance.
132,480
Estimated 2008 Market Value
95,800
Description
Two to Six Apartments, Over 62 Years
Residence Type
Two Story
Use
Multi Family
Apartments
Two
Exterior Construction
Frame
Full Baths
2
Half Baths
0
Basement1
Full and Unfinished
Attic
None
Central Air
No
Number of Fireplaces
0
Garage Size/Type2
1 car detached
Land Square Footage
2,928
Building Square Footage
1,638
http://www.cookcountyassessor.com/Property_Search/property_details.aspx?pin=25223130180000
NOTABLE QUOTE
October 2, 2009“There have always been buyers who expected to pay too little and sellers who expected to fetch far too much. What is new is that the disconnect is greater than I have ever seen. Maybe that’s what they call volatility … I think it has much more to do with the growing number of voices in our heads — the overabundance of information in a world where every individual represents a news source.” –Kris Berg
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