Chicago Foreclosure Flips Case Study 22-Nov-2011
These are recent foreclosure properties that were bought and flipped for a profit in the northwest Chicago area.
A Chicago bungalow in the Montclare neighborhood sold for over $70,000 more 4 months later.
Franklin Park home flipped and sold for $69,000 more in 3 months.
A Portage Park bungalow bought for $121,000 and sold 4 months later for $288,000!
In Mount Prospect a foreclosure purchased for $135,000 was rehabbed and flipped for $235,000 4 1/2 months later.
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