Wrightwood
Chicago, IL 60647

  • Gallery Photo
    Building Front

  • Single family frame bungalow, 4 bedroom / 3 bathroom
  • Acquisition $238,000, budgeted rehab $252,000, expected sales price $625,000
  • Total investment required:  $252,000
  • Investor net ROI of 8%, loan period of 180 days
  • Major work required:
    • Deconvert from 2-flat to single family home
    • Replace all roof shingles, siding and windows
    • Demolish enclosed porch and replace with large wooden deck
    • Lower basement foundation by 6 inches and finish basement with additional 1 bedroom and 1 bathroom
    • Remodel kitchen and bathrooms
    • Alter layout of 2nd floor for 3 bedrooms and 2 bathrooms