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38 South Rebecca Street

Glenwood, IL 60425

2 beds1 baths800 sqft
$146,000
Purchase price
Entry fee
$30,000
Interest rate
5.75%
Monthly payment
$1,433

About this deal

🔥 SUBJECT TO OPPORTUNITY 🔥

🔥 5.75% FIXED INTEREST RATE 🔥

🔥 ENTRY: $30K + CC + TC 🔥

📍 Rebecca St, Glenwood, IL

🏡 2 Bed / 1 Bath

🚗 2-Car Garage

🌳 Fully Fenced Backyard

🛠 Light Cosmetic Rehab Only

🧹 Deep Cleaning + Minor Updates Needed

✅ No Major Repairs Needed

💰 Purchase Price: $146,000

🏦 Existing Mortgage Balance: ~ $116,000

🏦 Existing Financing in Place

  • Interest Rate: 5.75%

  • PITI Payment: $1,433.81/month

📈 Numbers

  • Estimated ARV: $173,000

  • Potential Section 8 Opportunity (Buyer to Verify)

📍 Great Location

  • Across from Glenwood Village Hall

  • Across from Glenwood Police Department

  • Close to High School and Middle School

📅 Closing Date: July 2, 2026

✅ Subject-To Structure

✅ Fully Fenced Backyard

✅ Light Cosmetic Rehab Only

✅ Rental or Flip Potential

✅ Investor Friendly

⚠️ SERIOUS INVESTORS ONLY

Location