Flip report generated Mar 6, 2025
The Flip Potential of
6432 S Damen Ave Chicago, IL 60636
is medium.
Current Specs
4 Bed / 2.5 Bath
778 sqft
$177 per sqft
Estimated Value$137,353
Flip Advice
This 778 sqft, 4-bed, 2.5-bath property in Chicago's West Englewood neighborhood has potential for a flip, but requires careful consideration. Listed at $80K, it's well below the estimated value of $137K. The neighborhood's median listing price is $137K, suggesting room for profit if renovated strategically.
Consider adding space to increase value, as comps show a 30% increase for similar properties with larger square footage. Focus on cost-effective renovations to maximize ROI. Be mindful of the neighborhood's median days on market (67) when planning your flip timeline. Aim for a sale price around $170-180K after renovations to align with comps.
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.