6BR Home in Hazel Crest , IL

About This Property

This is a 6 bedroom / 3.5 bathroom single-family home with approximately 2,500 sqft on a 7,400 sqft lot. The property has a large layout and bedroom count, making it a potential fit for an experienced sober living operator, recovery housing provider, group home operator, room-rental investor, or creative finance buyer. This is not a turnkey property and should not be underwritten as a light cosmetic flip. The home needs work, including roof/ceiling-related repairs, drywall/paint, flooring, cleanout, fixtures, and general interior updates. Buyer should complete their own due diligence on repairs, local use, occupancy rules, licensing, zoning, and rental model. The opportunity is in the existing financing. Seller has a PennyMac loan that may be taken over subject-to. Property Details Address: 2630 Woodsworth Pl, Hazel Crest, IL 60429 Property Type: Single-Family Home Beds: 6 Baths: 3.5 Sqft: Approx. 2,500 Lot: Approx. 7,400 sqft Year Built: 1958 Estimated Approx. $315,000 Estimated Rehab: Buyer to verify. Current estimate around $35k+ depending on scope. Existing Financing Loan Balance: Approx. Contact for details Interest Rate: 5.5% Monthly Payment: Approx. Contact for details Reinstatement to Bring Current: Approx. Contact for details Loan Servicer: PennyMac Structure: Buyer to take over existing financing subject-to Buyer Responsibility: Reinstatement, closing costs, repairs, and ongoing monthly payments Deal Structure Purchase Price: Contact for details Existing Loan Taken Subject-To: Approx. Contact for details Seller Net: Contact for details Buyer Pays Reinstatement: Approx. Contact for details Buyer Pays Closing Costs: Yes Property Sold: As-is Assignment / Acquisition Fee: Included in structure Estimated buyer down payment before rehab will depend on closing costs, but should be expected to be around $35k–$40k before repairs. Best Fit Buyer This deal is best suited for an experienced operator or investor who understands one of the following models: Sober living / recovery housing Group home operation Room rental / co-living PadSplit-style housing Long-term creative finance hold This is likely not the right fit for a traditional cash flipper or standard rental buyer unless they have a specific strategy for the bedroom count and layout. Why It Could Work The value is in the combination of: 6 bedrooms 3.5 bathrooms Existing 5.5% debt in place Low cash needed compared to a full cash purchase Potential income-based use for the right operator At the right income per bed, this may make sense for an operator who can create stronger monthly than a standard long-term rental. Serious creative buyers and experienced operators only. Photos and additional details available upon request.

Features & Highlights