HOT OLEANDER CHICAGO, IL 60634

Features

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Facts

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Pre-Foreclosure Info

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Sale Type

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Description

Rarely do you see potential such as this arise in the sought after Belmont Heights community! This spacious cape cod is situated on a wide lot which offers a driveway/2 car garage and a private rear yard. The current set up of the home is a single family with the second floor being an in law arrangement with its own private access! The Home can be easily converted back to its true glory while you reaping the benefits of the equity potential! The main level offers a spacious sun drenched living room with formal dining room and two bedrooms, there is a third bedroom, second bath on the second level. Converting the second floor to a master suite with a spa like bath and study would be the play here as well as finishing the basement and adding a fourth bathroom would really push your equity through the roof! the location, the neighborhood are highly desirable and rarely will you find a value add opportunity such as this in this area! Get inside today as this one will not last long!

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