Is house flipping in Chicago still good? Check out the research video I did below on some recent rehab property sales.
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Is House Flipping Still Good in Chicago? In this video I research some recent sales of rehabbed properties on Chicago’s north side. Portage Park rehabs with 2nd story additions are selling for $660,000, Avondale rehabs selling for $800,000. The rehab market in Chicago isn’t as hot as it was 4 years ago but investors are still making great profits flipping houses.
Low inventory is the only thing slowing the rehab market down, so getting your hands on a good property to flip is the key. Once the rehab is completed and done nicely there are plenty of buyers still looking for rehabbed properties to buy.
If you’re interested discussing how to fix and flip houses on the north side of Chicago go to http://www.chicagorealestatereader.com/lets-talk/ for my contact info where you can email call or text me.