Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60622 | $499,000 Flip Analysis — FlipScout
Ask
$499,000
$454/sqft
Bid $
$281,795
Max bid / MAO
Room
~$217,205 over max bid · 44% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$27,500
$25/sqft
ARV
$404,687

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 $ $281,795 · Ask $499,000

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 sqft1100 sqft
ARV$404,687
List− $499,000
Rehab− $27,500
Gross profit$-121,813

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60622

Street locked · 60622 · CONDOS $475,000 · 1007 sqft
Street locked · 60622 · CONDOS $230,000 · 900 sqft
Street locked · 60622 · CONDOS $460,000 · 1300 sqft

Net pro forma

Includes closing costs & 3.9-month carry

Buy closing (2%)$9,980
Holding carry$17,839
All-in capital$554,319
Sell costs (6%)− $24,281
Net proceeds$380,406
Net profit $-179,190
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: $27,500
Renovation Budget (estimated) $27,500

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
2.0
Sqft
1100
Zip
60622

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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