11512 W. 183rd Pl, Suite SE

Orland Park, IL 60467

Property Report: 1726 Avalon Ct, Glendale Hts FIX & FLIP

Property Report :

1726 Avalon Ct, Glendale Hts, IL 60139

Created on: Apr 14, 2025

Author: Robert Miller

Company: 11512 W. 183rd Pl, Suite SE

1726 Avalon Ct, Glendale Hts, IL 60139

condos: 2 bedrooms , 2.5 bathrooms

Year built: 1999, Size: 1738 SF

Investment strategy: Fix and Flip

Purchase Price$ 180,000
Rehab Estimate$ 13,000
Project Profit$ 34,630
After Repair Value$ 245,000

Investment Summary

After Repair Value $ 245,000
Calculated Project Profit $ 34,630
70% Rule
78.78 %
Return on Investment 17.27 %
Project Term 4 months

Financial Breakdown

Total Capital Needed
$ 200,520
Financing $ 0
Total Cash Needed
$ 200,520
JavaScript chart by amCharts 3.20.13
JavaScript chart by amCharts 3.20.13Purchase priceRepairsProject profitFixed costs

Project Cost Breakdown

Purchase Costs
Purchase Price $ 180,000
Buying Costs $ 4,000
Total $ 184,000
Repair Costs
Interior Repair Costs $ 8,000
General Repair Costs $ 5,000
Total $ 13,000
Holding Costs
Monthly Holding Costs $ 880
Total Months Held 4
Total $ 3,520
Selling Costs
Commissions (3%) $ 7,350
Selling Costs $ 2,500
Total $ 9,850

1726 Avalon Ct, Glendale Hts, IL 60139 is a condos home built in 1999. This property was last sold for $239,500 in 2006 and currently has an estimated value of $249,400. According to the Glendale Hts public records, the property at 1726 Avalon Ct, Glendale Hts, IL 60139 has approximately 1738 square feet, 2 beds, 2 full and 1 half baths. Nearby schools include Glen Hill Primary School, Glenbard West High School, Americana Intermediate School and Glenside Middle School.

Purchase Price $ 180,000
Address 1726 Avalon Ct , Glendale Hts, 60139, IL
Listing Agent Sheri Dadian
Listing Broker RE/MAX DESTINY
Year Built 1999
Type condos
Size 1738 SF
Bedrooms 2
Bathrooms 2.5

Property History

Date Price Change Event
12/4/2019
1/22/2019
1/11/2019
7/12/2006
4/2/2003
10/12/1999

Breakdown by Scope of Work

Foundation
N/A
Doors & Windows
N/A
Plumbing
$ 1,000
Painting
$ 3,500
Concrete
N/A
Garage
N/A
HVAC
N/A
Appliances
$ 2,000
Masonry
N/A
Landscaping
N/A
Tiling
N/A
Dumpster
N/A
Siding & Paint
N/A
Demolition
N/A
Doors & Trim
N/A
Permits & Fees
N/A
Decks & Porches
N/A
Framing & Drywall
N/A
Flooring
$ 1,500
Miscellaneous
$ 5,000
Roofing
N/A
Electrical
N/A
Cabinets
N/A
Foundation
N/A
Landscaping
N/A
Flooring
$ 1,500
Concrete
N/A
Demolition
N/A
Cabinets
N/A
Masonry
N/A
Framing & Drywall
N/A
Painting
$ 3,500
Siding & Paint
N/A
Electrical
N/A
Appliances
$ 2,000
Decks & Porches
N/A
Plumbing
$ 1,000
Dumpster
N/A
Roofing
N/A
HVAC
N/A
Permits & Fees
N/A
Doors & Windows
N/A
Tiling
N/A
Miscellaneous
$ 5,000
Garage
N/A
Doors & Trim
N/A
Foundation
N/A
Plumbing
$ 1,000
Concrete
N/A
HVAC
N/A
Masonry
N/A
Tiling
N/A
Siding & Paint
N/A
Doors & Trim
N/A
Decks & Porches
N/A
Flooring
$ 1,500
Roofing
N/A
Cabinets
N/A
Doors & Windows
N/A
Painting
$ 3,500
Garage
N/A
Appliances
$ 2,000
Landscaping
N/A
Dumpster
N/A
Demolition
N/A
Permits & Fees
N/A
Framing & Drywall
N/A
Miscellaneous
$ 5,000
Electrical
N/A
      Total Estimate $ 13,000

Financial Breakdown

Purchase Price $ 180,000
Purchase Costs $ 4,000
Repair Costs $ 13,000
Holding Costs $ 3,520
Total Capital Needed
$ 200,520
Financing $ 0
Total Cash Needed
$ 200,520
Cash at Closing
$ 0
Cash During Flip
$ 200,520

Project Returns

Gross Rehab Profit $ 34,630
Return on Investment 17.27 %
Annualized ROI 51.81 %
Internal Rate of Return 63.96 %

Timeline Assumptions

Rehab Period 2 months
Listing Period 2 months
Total Holding Period 4 months
JavaScript chart by amCharts 3.20.13

There is no financing selected in this deal.

JavaScript chart by amCharts 3.20.13

This charts shows the influence of leverage on Return on Investment (ROI). Purchase price is considered as the Value in the LTV ratio here. The calculation considers all buying, holding, repair and selling costs, purchase price, ARV and an interest-only loan with rate of 12.00% p.a.

Month 01234
Purchase/Sale $ -180,000 $ 245,000
Closing Costs $ 4,000 $ -9,850
Holding Costs $ -880 $ -880 $ -880 $ -880
Rehab Draws $ -6,500 $ -6,500
Cash Flow $ -184,000 $ -7,380 $ -7,380 $ -880 $ 234,270

Sale Proceeds Breakdown

After Repair Value $ 245,000
Cost of Sale
$ 9,850
Repair Costs $ 13,000
Holding Costs (4 months)
$ 3,520
Financing Costs
$ 0
Purchase
$ 184,000
Net Rehab Profit $ 34,630
JavaScript chart by amCharts 3.20.13
JavaScript chart by amCharts 3.20.13Costs of SaleRepair CostsHolding CostsFinancing CostsPurchaseNet Rehab Profit

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