Flip report generated Dec 16, 2024
The Flip Potential of
3222 N Oriole Ave Chicago, IL
is medium.
Current Specs
3 Bed / 1 Bath
1,100 sqft
$250 per sqft
Estimated Value$274,900
Flip Advice
The property at 3222 N Oriole Ave in Chicago, a charming 3-bedroom home, sits in the desirable Northwest Side neighborhood. With a recent valuation of around $275K and comps indicating potential values as high as $400K, the flip potential seems promising. However, it appears to be in relatively good condition, limiting extensive renovation opportunities which could enhance margins.
Consider minor cosmetic updates, such as fresh paint or landscaping improvements, to boost the property's appeal without extensive costs. Given the market dynamics in this area, a strategic pricing approach during resale could leverage the existing demand, especially with the median listing price around $425K. This could optimize your return on investment while keeping it competitive.
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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.