Address: 2830 W Armitage Ave, Chicago, IL 60647, USA
Created date: February 20, 2024
Date last updated: June 24, 2024
- 39 Individual Homes Being Sold at Auction.com, July 2nd, Chicago, IL (Register at Auction.com) https://bit.ly/4c7yucC
- The majority of homes are located south of Highway 20 and west of Interstate 94.
- Homes are within a few miles of each other for ease of management.
- All homes have quick access to arterial streets and major freeways.
- All the homes are within a 20 to 30-minute commute to downtown Chicago.
- Easy access to public transit for residents.
- A large number of historic parks and museums are nearby.
- The south side of Chicago is home to the Chicago White Sox.
- All SVN® Offices Are Independently Owned & Operated
- Local Broker License Information: www.SFRhub.com/realestatelicensing
Property Description
Contact:
TOM JOHNSTON
Managing Director | Designated Broker
SVN | SFRhub Marketplace
T: 602.441.5354
C: 602.403.3695
[email protected]
License #: BR507919000
BOR:
SVN | Chicago Commercial
MICHAEL THANASOURAS
Managing Director
39 Individual Homes Being Sold at Auction.com, July 2nd, Chicago, IL (Register at Auction.com) https://bit.ly/4c7yucC
SVN | SFRhub Marketplace is pleased to present to qualified investors 39 scattered single-family homes in Chicago, Illinois. All homes are being sold individually through Auction.com, starting on July 2nd, 2024. Investors have the opportunity to purchase one home or as many homes as they prefer during the auction process. All buyers must register via the link on the first page to gain access and approval through Auction.com. Some homes have tenants with signed leases generating cash flow, while others will be vacant at the time of disposition. Investors can continue operating the homes with cash flow or purchase at a discount to retail, renovate the homes upon tenant move-out, upgrade, and either sell on the open market to retail consumers or rent for cash flow at market rental rates. This opportunity should yield attractive returns per home per investor, offering multiple exit strategies and long-term cash flow potential per home.
Most of these homes are located south of Highway 20 and west of Interstate 94. The homes consist mainly of 3- and 4-bedroom homes, with a couple of 2- and 5-bedroom homes as well. The current owner has invested over $200,000 in capital expenses over the last several years and has maintained these homes in good condition. All due diligence materials will be available per home through Auction.com for investor review.