Calling all investors! This 1.5-story home is the ultimate value-add project in the highly acclaimed Grant Park School District. Reduced to $100,000 (reflecting the need for structural floor framing and some foundation corrections needed), this property offers massive equity potential for a flip or a high-performing addition to your rental portfolio once repairs are complete. Much of the heavy lifting has already been done; the home was gutted to the studs approximately 15 years ago and reconstructed with PVC plumbing, copper, updated electrical, and energy-efficient insulation. The main floor features a versatile layout with a sun-drenched living room, formal dining, and a convenient first-floor bedroom and laundry. Upstairs, you'll find a second bedroom and a spacious loft-perfect for a home office, creative studio or potential 3rd bedroom conversion. Notable recent updates include a new water heater (2025), a newer roof (~5 years), and a refreshed covered front porch (2025). The sizable yard and massive 3-car detached brick garage-perfect for a workshop-provide the home oasis feel that future tenants or buyers crave. PLEASE NOTE: Property is being sold AS-IS and is not suitable for traditional financing (CASH or REHAB LOANS ONLY). Located just minutes from local shopping and dining, this home offers a relaxed pace while remaining a commuter's dream-just 55 minutes to Chicago and 20 minutes to the Bourbonnais retail hub. Bring your vision and start your next chapter here!
Baird & Warner Libby Waite Agent Cell: 630.945.7132 Email
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listing Office: McColly Real Estate
Listing Office Phone: 708-946-7767
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209 N Maple Street, Grant Park, IL 60940.
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209 N Maple Street, Grant Park, IL 60940.
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