Looking for a creative real estate deal? Check out this single-family property featuring an existing low-interest mortgage and a 2-year seller leaseback!
📍 Walnut Ave, Maple Park, IL 60151
💰 Purchase Price: $320,000
🏡 Estimated ARV: $389K+ (depending on scope of work)
💵 Cash to Close: $50,000
📉 Existing First Mortgage: Approx. $243,000 at 2.75% interest
🏦 Second HUD Lien: Approx. $28,000 at 0% interest
🛏️ 4 Bedrooms | 2 Bathrooms
📐 3,226 Sq Ft + 1,408 Sq Ft Unfinished Basement
🌳 10,107 Sq Ft Lot | 0.23 Acres
📅 Built in 2006
Deal Highlights:
Subject-to financing structure; existing loan remains in place.
24-month seller leaseback.
Lease income: $2,890/month in Year 1 and $2,990/month in Year 2.
Seller buyback option at $359,000.
Advertised estimated net profit: $67,348 over 24 months.
📲 Interested in the deal? Call or text show contact info
for more information.