- Single family brick bungalow in Belmont-Cragin
- Acquisition $124,500, budgeted rehab $70,000, sold for $249,500
- Investor net ROI 8%, loan period of 180 days
- Major work required:
- Upgrade HVAC from radiant to central air
- Update electrical service
- Add 1 bedroom and 1 bathroom in basement
- Kitchen expansion and remodeling
- Upgrade 2 existing bathrooms