217th St
Matteson, IL 60443

  • Gallery Photo
    Building front - BEFORE
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    Building front - AFTER
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    Living Room - BEFORE
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    Living Room - AFTER
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    Bedroom 1 - BEFORE
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    Bedroom 1 - AFTER
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    Bedroom 2 - BEFORE
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    Bedroom 2 - AFTER
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    Bathroom 1 - BEFORE
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    Bathroom 1 - AFTER
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    Kitchen - BEFORE
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    Kitchen - AFTER
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    Bathroom 2 (2nd floor) - BEFORE (closet space)
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    Bathroom 2 - AFTER
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    Bedroom 3 (2nd floor) - BEFORE
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    Bedroom 3 - AFTER
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    Bathroom 3 (Basement) - BEFORE
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    Bathroom 3 - AFTER
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    Family Room (Basement) - BEFORE
  • Gallery Photo
    Family Room - AFTER

  • Single family brick Cape Cod, 3 bedroom / 3 bathroom
  • Acquisition $46,500, budgeted rehab $39,500, sales price $127,500
  • Total investment required:  $86,000
  • Investor net ROI of 6-8%, loan period of 180 days
  • Major work required:
    • Refinish basement (seal foundation cracks and replace all drywall)
    • Refinish all hardwood floors, recarpet 2nd floor
    • New mechanicals (water heater)
    • Remodel kitchen and bathrooms (add master bathroom on 2nd floor)
    • Partition master bedroom to have private entrance