Flip report generated Aug 18, 2025
The Flip Potential of
2843 N New England Ave Chicago, IL 60634
is medium.
Current Specs
3 Bed / 1 Bath
1,134 sqft
$167 per sqft
Estimated Value$189,900
Flip Advice
This home in Montclare, Chicago, is a 3-bed, 1-bath, 1,134 sqft single-family property currently listed at about $190K, after multiple recent price drops from $270K. Nearby comps with similar size and bed/bath count are selling for a median around $350K, with price per sqft averaging $263, while this property sits at $167/sqft. The house needs some work, but the spread between current list price and comp values suggests solid upside if renovated. Still, the property’s condition means you’ll need to budget for updates.
If you’re an investor, there’s real flip potential here—but only if you invest in renovations to bring it up to neighborhood standards. Focus on updating kitchens, baths, and curb appeal, which are big needle-movers for buyers. For current homeowners, even modest improvements (fresh paint, fixtures, landscaping) could help you command a much higher price in this hot Chicago market.
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.