Flip report generated Aug 19, 2025
The Flip Potential of
7425 South Dr Wonder Lake, IL
is medium.
Current Specs
2 Bed / 1 Bath
1,054 sqft
$113 per sqft
Estimated Value$119,000
Flip Advice
This 2-bed, 1-bath, 1,054 sqft home in Wonder Lake is listed at $119K and described as in 'VERY poor condition.' Nearby comps for similar 2- and 3-bedroom properties with 1 bath and similar square footage range from $129K to $192K, with most recent 2-bed, 1-bath comps around $174K–$175K. The lot is larger than average, which adds a little value, but the property's rough shape means you'll need to budget for major rehab.
If you're a flipper, the numbers could work if you keep renovation costs low—aim for a total investment well under $170K to leave room for profit. For current owners, focus on deep cleaning, curb appeal, and addressing the worst cosmetic issues to attract buyers who want a project. Either way, don't over-improve; buyers in this price range are value-conscious and the neighborhood comps set a ceiling.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.