Investment Potential:
Priced at $224,900 with an estimated ARV of $310,000, this 3-bedroom, 2-bath Oak Park home offers a straightforward value-add opportunity with a limited renovation scope. Reportedly in very good overall condition, the property should require only targeted cosmetic improvements to enhance its presentation and reach its retail potential.
The functional 1,525-square-foot layout and second bathroom strengthen its appeal for both homeowners and tenants. With controlled improvements and reduced project time, an investor can pursue a quick resale or retain the property as a long-term rental while capitalizing on the purchase-to-ARV spread.
Asking Price: $224,900
ARV: $310,000
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Details
✅ 3 Bedrooms / 2 Bathrooms
✅ 1,525 sq. ft.
✅ Lot Size: 6,490 sq. ft.
✅ Single Family
✅ Year Built: 1953
✅ Driveway
✅ Full Basement
✅ Vacant at Closing
📅 Closing: By 01/04/2027
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission
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