225 W. 112th St. in Chicago presents a compelling opportunity for rehabbers and investors looking to capitalize on value-add potential in the area, which is described as having “lots of community enhancement activity”, making it ideal for flippers or BRRRR (Buy, Rehab, Rent, Refinance, Repeat) investors.
This property has the common repair, code, and permit hurdles, but the value is baked right in. If you’re looking for a manageable, 2-story, three-bedroom, two-bathroom house with a full unfinished basement and long-term upside, this is it, with monthly payments as low as $800.
Community Value: Located in Roseland, a welcoming neighborhood with a rich history and a strong sense of community, it is a unique part of Chicago. The neighborhood encompasses Palmer Park and several smaller areas, including Fernwood, Princeton Park, Lilydale, Rosemoor, Sheldon Heights, and West Roseland. Served by the City of Chicago School District 299
Location Value: Roseland has been the focus of several development projects aimed at revitalizing the neighborhood and improving the quality of life for its residents, including the Invest South/West Initiative, the Roseland Medical District, the CTA Red Line Extension, and Community Development Efforts involving streetscape improvements and economic development.
Financing Options: URB Chicago offers no credit check financing.
Listing Price: $73,500
More Information and showing: (847) 673-7575
Why Buy from URB?
URB’s friendly property specialists will work with you to ensure your real estate buying experience is agreeable. With URB no credit check financing, you will not experience the hassles of jumping through the hoops to get financing.
In addition to hassle-free financing, whether your goal is owning a property to live in, making money flipping, or renting real estate, you can count on URB to be very particular about only offering in-need-of-repair Chicago south-side properties for sale at a price and in a condition that has promising after-repair value profit potential for buyers like yourself.
