Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60618 | $589,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$589,000
$263/sqft
Bid $
$532,306
Max bid / MAO
Room
~$56,694 over max bid · 10% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $532,306
Rehab
$56,050
$25/sqft
ARV
$769,718

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 $ $532,306 · Ask $589,000

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft2242 sqft
ARV$769,718
List− $589,000
Rehab− $56,050
Gross profit$124,668

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60618

Street locked · 60618 · CONDOS $680,000 · 2300 sqft
Street locked · 60618 · MULTI_FAMILY $2,825,000 · 2184 sqft
Street locked · 60618 · MULTI_FAMILY $550,000 · 2164 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$11,780
Holding carry$21,597
All-in capital$678,427
Sell costs (6%)− $46,183
Net proceeds$723,535
Net profit $32,919
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: —

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: $56,050
Renovation Budget (estimated) $56,050

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
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
3.0
Sqft
2242
Zip
60618

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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