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Replies (4)
- Philip Sencer, "Philip_Chicago"
- Contributions:551
This is a very difficult market to flip property especially in Rogers Park. THere are some very nice updated units asking in the 60-70K range and they are in better locations in RP. Most actual sales are less than that. You might want to rent it out for a couple of years and wait for the market to change.
- Matt Laricy, "Matt Laricy"
- Contributions:1620
Its a small unit in a building that has lost a lot of its value. Further more the place sold for 27k not too long ago. I would have your agent come by and do a CMA for you. I would have to agree with Phillip though. I would use this as a rental not a flip. You wont see much profit in flipping this.
- BUY NAPLES
- Contributions:62
This is definitely a question for a local Realtor. You can find one by clicking on the Professionals tab at the top of the page.
- Evelyn S. Fred, "Evelyn S. Fred"
- Contributions:205
This is not the market to get rich quick. You're better off renting for the time being.
Median price in the area is $34,500 with an average of $39,700.
Hope that helps!
Median price in the area is $34,500 with an average of $39,700.
Hope that helps!
How much would a newly renovated unit be worth in 7710 n. Sheridan unit 305 new kitchen, bath, hard
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