3/2 Hanover Park, IL 60133
Basics
- Bedrooms: 3
- Bathrooms: 2
- Area: 1773 sq ft
- Year built: -4
Description
-
Description:
Off-Market Investment Opportunity
Asking Price
$320,000 Cash
Estimated ARV
$400,000 – $415,000

Property Details
- Single-Family Home
- 3 Bedrooms | 2 Bathrooms
- Approx. 1,773 Sq. Ft.
Property Condition
- Hoarder house (all personal belongings will be removed prior to buyer possession)
- Basement requires some repairs
- Utilities are functional but could benefit from updates
- Overall light-to-medium renovation
- Not a distressed property
- Not a full gut rehab
- Excellent candidate for a wholetail or quick cosmetic flip
More Photos & Video
More pictures and a walkthrough video are available here:
https://drive.google.com/drive/folders/1ByZgArx_FB-TlH2eTS2ooC2OUbWVtCd2
Seller Post-Closing Occupancy
The seller will remain in the property after closing and will require possession through July 23.
To protect the buyer:
- Approximately $30,800 will be held in escrow at closing.
- Escrow funds will be released only after the seller has completely vacated the property.
- If the seller remains beyond July 23, a $300 per day holdover fee will be deducted directly from the seller's escrow proceeds.
Buyer Notes
This opportunity is best suited for an investor who is comfortable with a delayed possession date rather than someone looking to begin renovations immediately after closing. The escrow holdback provides additional security while the seller completes the move-out process.
