Park Forest, IL · 4bd/3ba Fix & Flip · $110K
-
Single Family House -
4 -
3 -
1953 -
1920 -
Attached Garage
Description
American Property Liquidators is pleased to present this attractive value-add opportunity in Park Forest. Situated on a desirable corner lot directly across from a park, this property offers strong upside while remaining highly functional and livable in its current condition.
According to the seller, the home features 4 bedrooms and 3 bathrooms, including a substantial addition that may offer potential for a separate living area or future ADU-style use (buyer to verify all zoning and permitted uses independently). The flexible layout creates multiple exit strategies for investors, including resale, rental, multigenerational living, or value-add renovation.
The property appears to require primarily cosmetic updating rather than a full-scale renovation, making it an appealing opportunity for investors seeking to add value without taking on a heavy rehab project.
Seller-Reported Highlights
- 4 Bedrooms / 3 Bathrooms
- Large addition with potential ADU-style flexibility (buyer to verify)
- Corner lot location
- Directly across from a park
- Mostly cosmetic updates needed
- Two separate furnaces and air conditioning systems
- One HVAC system approximately 7 years old
- Windows approximately 5 years old
- Functional and livable condition
Investment Potential
With its larger footprint, flexible floor plan, corner lot positioning, and proximity to green space, this property presents an opportunity to create significant value through strategic updates. Investors looking for a lighter renovation project with strong resale or rental potential should take a close look.
Property is currently under contract. Cash buyers preferred. Contact American Property Liquidators for pricing, photos, access information, and assignment details.
Estimated Spread
- ARV $235,000
- Price $110,000
- Spread $125,000
