The Flip Potential of 9134 S Marquette Ave Chicago, IL is medium.
Current Specs
3 Bed / 1 Bath
1,240 sqft
$105 per sqft
Estimated Value$129,900
Flip Advice
This single-family home at 9134 S Marquette Ave in Chicago's Calumet Heights neighborhood offers a promising entry-level opportunity for investors. With a listing price of $129,900, it sits well below the area's median listing price of $246,838, signaling potential for appreciation. The property features 3 bedrooms, 1 bath, and 1,240 sq ft, placing it slightly below comps' average square footage but within proximity to higher-value homes. However, its single bathroom and modest size may limit its appeal without strategic upgrades.
To enhance flip potential, consider adding a second bathroom or expanding livable space, aligning with nearby comps valued between $142K and $161K. Cosmetic improvements such as kitchen and bathroom renovations, along with modern finishes, could also attract buyers. Focus on cost-effective upgrades that maximize appeal without overcapitalizing. Given the neighborhood's stable demand and median price trends, a thoughtful renovation could yield a competitive return on investment.
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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 9134 S Marquette Ave: