What is the After repair value for a 28 unit 4400 S. calumet chicago,IL 60653. Brick 2bedroom 1bathroom units.
Neighborhood, Neighborhood, Neighborhood I cannot say for sure but it depends on exact location, curb appeal, size of unit, upgrades, flooring, appliances, bathrooms I dont think you would get more that 250
There are so many ways to renovate your building. Are you repairing it for Section 8 rentals or are you interested in condo conversion? The best way to enhance the value of your building would be to turn all of those 2BR/1BA units into 2BR/2BR units. As condos, the differential could be between $30-60K per unit.
Curtis,
I am familiar with your property, but have never been inside. How far along is the construction?
You can reply directly to me by email if you'd like.
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