Stuart Geiger
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Calling all investors! This 1.5-story home is the ultimate value-add project in the highly acclaimed Grant Park School District. Reduced to $100,000 (reflecting the need for structural floor framing and some foundation corrections needed), this property offers massive equity potential for a flip or a high-performing addition to your rental portfolio once repairs are complete. Much of the heavy lifting has already been done; the home was gutted to the studs approximately 15 years ago and reconstructed with PVC plumbing, copper, updated electrical, and energy-efficient insulation. The main floor features a versatile layout with a sun-drenched living room, formal dining, and a convenient first-floor bedroom and laundry. Upstairs, you'll find a second bedroom and a spacious loft-perfect for a home office, creative studio or potential 3rd bedroom conversion. Notable recent updates include a new water heater (2025), a newer roof (~5 years), and a refreshed covered front porch (2025). The sizable yard and massive 3-car detached brick garage-perfect for a workshop-provide the home oasis feel that future tenants or buyers crave. PLEASE NOTE: Property is being sold AS-IS and is not suitable for traditional financing (CASH or REHAB LOANS ONLY). Located just minutes from local shopping and dining, this home offers a relaxed pace while remaining a commuter's dream-just 55 minutes to Chicago and 20 minutes to the Bourbonnais retail hub. Bring your vision and start your next chapter here!
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 944
Garage Size: 3
Built in 1910
School District: District 6
General Information
Bedrooms: 2
Bathrooms: 1
Sqft: 944
County: Kankakee
Listed By:
McColly Real Estate
708-946-7767
MRED MLS
MLS ID: 12578834
Room Information
Loft: 13X10
Bedroom 2: 13X11
Dining Room: 13X10
Kitchen: 13X7
Laundry: 8X5
Living Room: 13X12
Primary Bedroom: 10X10
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209 N Maple Street, Grant Park, IL 60940.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $100,000 | $100,000 | $100,000 |
| Down Payment | $20,000 | $3,500 | $25,000 |
| Monthly Mortgage Amount | $486 | $589 | $618 |
| Taxes | $139 | $139 | $139 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $44 | $0 |
| Monthly Estimated Total | $725 | $872 | $857 |
Stuart Geiger
REALTOR®
Cell: (319) 540-6391
Licensed in IA
Cedar Rapids Office
5805 Council St. NE
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
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