Flip report generated Dec 16, 2024
The Flip Potential of
8220 S Loomis Blvd Chicago, IL
is medium.
Current Specs
3 Bed / 2 Bath
1,557 sqft
$91 per sqft
Estimated Value$141,000
Flip Advice
The property located at 8220 S Loomis Blvd in Chicago has good potential for a flip. With 1,557 sqft, 3 beds, and 2 baths, it sits in a neighborhood with a median listing price of $270K. Recent comps indicate values around $180K to $373K, showcasing a strong market appetite for renovated homes in the area.
To maximize return, focus on updating the kitchen and bathrooms, which are critical in attracting buyers. Given the favorable comps, a strategic renovation can yield a significant profit. Listing the home at a competitive price post-renovation could lead to a quick sale in this growing neighborhood.
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