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SUMMARY
PURCHASE PRICE: $155,000
RENOVATION COST: $350,000
SALES PRICE: $907,000
STRATEGY
As a hard money lender, Agent Realty Partners works with a number of Chicagoland's top developers. With time being of the essence, ARP expedited the approval process and fully funded the loan within 10 days of application. This highly distressed 4-Unit in Chicago's Humboldt Park neighborhood was purchased for $150,000. After a total renovation loan of $350,000, Agent Realty Partners successfully brokered the sale of the property for $907,000 after 30 days on the market.
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