Ridgeway
Chicago, IL 60647

  • Gallery Photo
    Building Front - BEFORE

  • Single family frame bungalow, 3 bedroom / 3 bathroom
  • Acquisition $140,000, budgeted rehab $176,000, expected sales price $425,000
  • Total investment required:  $316,000
  • Investor net ROI of 8%, loan period of 180 days
  • Major work required:
    • Replace all roof shingles, siding and windows
    • Replace front porch
    • Lower basement foundation by 4 inches and finish basement with additional 1 bedroom and 1 bathroom
    • Remodel kitchen and bathrooms
    • Install new floors and drywall throughout