The Flip Potential of 1015 E Adams St Washington, IL is medium.
Current Specs
3 Bed / 1 Bath
2,440 sqft
$61 per sqft
Estimated Value$148,000
Flip Advice
The property at 1015 E Adams St in Washington, IL, is a charming bungalow with a decent amount of space at 2,440 sqft. However, it has only one bathroom and is surrounded by properties that have recently sold for significantly higher prices. The average price per square foot in the area is around $144, while this property is listed at approximately $61 per square foot, indicating potential for appreciation. The neighborhood is appealing, which bodes well for resale value.
To enhance its flip potential, I suggest focusing on minor cosmetic updates such as fresh paint, flooring, and kitchen upgrades. Given the appealing neighborhood and the property’s current price point, these improvements could significantly increase its marketability. Additionally, consider marketing the property as a starter home for buyers looking for a cozy space to personalize.
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 1015 E Adams St: