Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60609 | $238,000 Flip Analysis — FlipScout
Ask
$238,000
$229/sqft
Bid $
$139,225
Max bid / MAO
Room
~$98,775 over max bid · 42% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,878
$82/sqft
ARV
$186,889

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 $ $139,225 · Ask $238,000

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 sqft1041 sqft
ARV$186,889
List− $238,000
Rehab− $84,878
Gross profit$-135,989

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60609

Street locked · 60609 · CONDOS $235,000 · 1041 sqft
Street locked · 60609 · CONDOS $226,000 · 1160 sqft
Street locked · 60609 · CONDOS $365,000 · 1200 sqft

Net pro forma

Includes closing costs & 3.62-month carry

Buy closing (2%)$4,760
Holding carry$10,714
All-in capital$338,352
Sell costs (6%)− $11,213
Net proceeds$175,676
Net profit $-68,586
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,878

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: $84,878
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,041 sqft × $3.00) $3,123
Flooring — Hardwood Refinish (1,041 sqft × $4.50) $4,684
Contingency (15%) $11,071

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
2
Baths
1.0
Sqft
1041
Zip
60609

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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