Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60641 | $535,000 Flip Analysis — FlipScout
Ask
$535,000
$363/sqft
Bid $
$413,160
Max bid / MAO
Room
~$121,840 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$88,596
$60/sqft
ARV
$420,416

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $413,160 · Ask $535,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1472 sqft
ARV$420,416
List− $535,000
Rehab− $88,596
Gross profit$-203,180

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60641

Street locked · 60641 · SINGLE_FAMILY $1,860,000 · 1656 sqft
Street locked · 60641 · OTHER $495,000 · 1797 sqft
Street locked · 60641 · MULTI_FAMILY $415,000 · 1798 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$10,700
Holding carry$22,865
All-in capital$657,161
Sell costs (6%)− $25,225
Net proceeds$395,191
Net profit $-49,111
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $88,596

Baseline notes

Investor scope checklist

  • Kitchen cabinets/counters are primary value-add
  • Flooring and paint drive resale perception
  • Exterior curb appeal strongly impacts ARV
  • Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $88,596
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,472 sqft × $3.00) $4,416
Flooring — Hardwood Refinish (1,472 sqft × $4.50) $6,624
Contingency (15%) $11,556

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
15/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
4
Baths
2.0
Sqft
1472
Zip
60641

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

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