Brick townhouse in the Oak Park neighborhood of Chicago. Fantastic area close to the Columbus Park/Golf Course and Historic District. Gutted, needs full rehab, excellent opportunity at this price. Purchase Price: $50,000 Repair Costs: $30,000 Market Value: $115,000 Potential Equity: $35,000 1500 sq. ft. condos within blocks of this area are selling for $115K, supported by these comps: 338 N Austin Blvd,Oak Park, IL 60302 - $117,000 - 2 months on market - (500 sq ft. smaller) 40 Washington Blvd #3 OAK PARK, IL 60302 - $125,000 - 3.5 months on market - (500 sq. ft. smaller) 121 Pleasant St # A, Oak Park, IL 60302 - $128,500 - 7 months on market 5504 W Jackson Blvd, Chicago, IL 60644 - $135,000 - 2.5 months on market *Serious cash buyers only please, buyer pays ALL closing costs
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