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Investment Opportunity- S Carpenter Chicago
Listed by vera
Requested Close: 2026-11-20
About this property
This 3-bedroom, 1-bathroom single-family home has already undergone significant renovations, with approximately $15,000–$20,000 in additional work remaining to bring the property to completion. Property Highlights: - Asking Price: $175,000 - 3 Bedrooms - 1 Bathroom - Partially finished basement - Detached garage - Major renovations already completed - Estimated remaining renovation budget: $15K–$20K The property offers an opportunity for investors looking to complete the remaining improvements and explore its resale potential.
AI Property Analysis
Summary
This single-family property at 11317 S. Carpenter Street in Chicago’s Morgan Park neighborhood presents an excellent value-add opportunity with significant equity potential. Already boasting substantial renovations, the home requires only minimal finishing touches to reach its full market value, which is estimated up to $290,000. With an asking price of $200,000 and a low tax burden, this deal offers a streamlined path to a profitable flip or a high-performing rental. This is a prime chance to secure a largely completed asset in a stable market and capitalize on immediate post-renovation appreciation.
Est. ARV
$270,000
midpoint
Avg DOM
109
days
Equity Spread
$80,000
est. profit
Est. Rent
$1,700
/ month
Annual Taxes
$798
est.
Flood Zone
Not confirmed
FEMA
Distress Flags
None
Clean
Disclosure: GrowCo cannot guarantee that the information provided by the wholesaler who posted this deal, or that the AI analysis provided by GrowCo, is 100% accurate. It is designed for a quick glance of information only. Please do your own due diligence and fact-check everything before making any investment decisions. We wish you the best of luck on your search for great deals.