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.