Exciting opportunity for new investor! The seller created an open layout, on the main level, which has a living room, dining room, kitchen and three bedrooms all with vinyl flooring. There is a full (3/4 completed) partially-finished basement, ready to be fully completed, by adding flooring, trim to the rooms and the bathroom has installed new light fixtures, vanity, toilet, sink, mirrors and hardware. Home was a gut rehab and here is a list of all the improvements seller has completed to date: All NEW: windows, siding, roof, front porch, electrical, plumbing (electrical and plumbing inspection have passed with the City of Chicago), HVAC, (central air is in stock but not installed), hot water tank, canned lights in living room/dining room, drywall, all vinyl floors on main level except ceramic tiled bathrooms, kitchen cabinets, new siding, roof and overhead door on detached 2 car garage, main floor bathroom has new tub with tiled wall and floors, basement bathroom has tiled shower, basement is dry walled. Seller purchased the following items to complete the rehab and will leave for the new buyer (estimated cost of material are $50, 000) which include; central air (not installed), quartz kitchen counter top, new doors, fixtures and hardware for cabinets and main floor bathroom vanity and sink, including mirror, light fixtures, vents and cabinet hardware. The following work needs to be completed/installed by new owner: a new overhead garage door, door knobs, kitchen backsplash, light fixtures, vanity, shower head & fixtures and toilet on main level bathroom, new quartz counter top, add a railing to basement wall near stairs, add flooring to stairs leading to the basement and add vinyl flooring to the basement. Estimated appliance package is $5, 500 for stainless steel refrigerator, oven, microwave, dishwasher, washer and dryer. In addition, clean out crawl space, remove debris from yard, install garage transmitter (not purchased by seller). Estimate costs to finish rehabbing is $10, 000 for materials and $20, 000 for labor. The owner purchased this home through the Land Bank of Chicago and found out after the closing that the property was in demo court. The seller has been working with the demo court to complete the rehabbing project. The HVAC has been installed and needs to be inspected by the City of Chicago code enforcement department and then the Demo court/attorney needs to verify the HVAC was installed and check the progress of rehabbing. The next court date for demo court is in December, 2024, which the new owner needs to attend. Sold AS IS. Purchase with: 203K loan, hard money lender or cash buyers.
