Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60637 | $399,000 Flip Analysis — FlipScout
Ask
$399,000
$260/sqft
Bid $
$285,519
Max bid / MAO
Room
~$113,481 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$89,140
$58/sqft
ARV
$245,293

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 $ $285,519 · Ask $399,000

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 sqft1535 sqft
ARV$245,293
List− $399,000
Rehab− $89,140
Gross profit$-242,847

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60637

Street locked · 60637 · CONDOS $399,000 · 1535 sqft
Street locked · 60637 · CONDOS $324,999 · 1600 sqft
Street locked · 60637 · SINGLE_FAMILY $415,000 · 1756 sqft

Net pro forma

Includes closing costs & 2.55-month carry

Buy closing (2%)$7,980
Holding carry$11,410
All-in capital$507,530
Sell costs (6%)− $14,718
Net proceeds$230,575
Net profit $-60,338
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $89,140

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: $89,140
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,535 sqft × $3.00) $4,605
Flooring — Hardwood Refinish (1,535 sqft × $4.50) $6,908
Contingency (15%) $11,627

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
3
Baths
1.0
Sqft
1535
Zip
60637

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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