Chicago House that is a fixer upper and needs around $20-30,000 in repairs. The roof needs to be replaced and can be fixed for about $5,600, bathroom needs to be redone $3,200, new furnance $8,000, carpet $2,200, paint $4,000 in and out and $6,500 for plumbing. The plumbing might be ok, but will need to be inspected.
If you have a relationship with the trades that do those types of jobs, you can get the work done cheaper. This home can be good for a rehab to live in, re-sell or rent out because it has so much equity. |