Located in Dolton, this single-family brick home, built in 1964, offers 3 bedrooms, 1.5 bathrooms, and 1,190 square feet of living space on a 5,227 square foot lot. The property includes an unfinished basement and a 2-car garage. It is currently vacant and will be delivered vacant at closing. Showings are available by appointment only.

Financial Snapshot
The property is offered at a marketing price of $120,000. The projected after-repair value (ARV) is $225,000, supported by recent comparable sales in the neighborhood:

• 15035 Evers St – Sold for $273,000 (09/12/2025)
• 14837 Oak St – Sold for $195,000 (04/07/2025)
• 15037 Irving Ave – Sold for $214,000
• 15224 Oak St – Sold for $244,000

Estimated rental income is $2,500 per month, with annual property taxes of $9,591.36.

Property Overview
This well-located Dolton brick ranch features working mechanicals, a full unfinished basement, and a detached 2-car garage. The home has solid structure and layout, ideal for modernization through cosmetic upgrades. Roof and mechanicals appear serviceable, though interior updates—such as kitchen, bath, and flooring—will significantly enhance value. The spacious lot and quiet street provide strong appeal for both end users and rental tenants.

Investment Highlights
This is a strong value-add opportunity for investors seeking reliable upside in a market with proven sales activity. With an ARV of $225,000 and strong rental demand, the property supports both a light rehab and flip or buy-and-hold investment strategy. Solid comps within blocks provide confidence in after-repair projections and exit potential.

Market Context
Dolton continues to show steady appreciation, driven by affordability and proximity to major expressways and employment centers. Investor activity remains strong, with brick ranches seeing solid resale velocity and rental stability. The area’s mix of homeowners and long-term tenants provides dependable cash flow for investors pursuing both short-term and long-term strategies.

Terms
Cash or hard-money buyers only. Seller financing is not available.

Contact
For all inquiries, showing requests, or additional information, please call 1-888-775-4570 or email sales@sharpedgeproperty.com.