Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60451 | $700,633 Flip Analysis — FlipScout
Ask
$700,633
$346/sqft
Bid $
$517,706
Max bid / MAO
Room
~$182,927 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$93,383
$46/sqft
ARV
$399,208

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 $ $517,706 · Ask $700,633

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 sqft2027 sqft
ARV$399,208
List− $700,633
Rehab− $93,383
Gross profit$-394,808

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60451

Street locked · 60451 · SINGLE_FAMILY $460,000 · 2160 sqft
Street locked · 60451 · SINGLE_FAMILY $452,000 · 2168 sqft
Street locked · 60451 · TOWNHOMES $432,462 · 1858 sqft

Net pro forma

Includes closing costs & 6.35-month carry

Buy closing (2%)$14,013
Holding carry$46,218
All-in capital$854,247
Sell costs (6%)− $23,952
Net proceeds$375,255
Net profit $-95,983
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $93,383

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: $93,383
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,027 sqft × $3.00) $6,081
Flooring — Hardwood Refinish (2,027 sqft × $4.50) $9,122
Contingency (15%) $12,180

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
2/100
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
2027
Zip
60451

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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