There are close to 11,000 homes a month that are sold in Chicago and surrounding areas, about 85% of them are in move-in condition and are transacted by real estate agents. We operate in the other 15% that fall into the “distressed” category. Homes that are abandoned, damaged to point that they can’t be lived in, owners can’t afford it any longer, poor maintenance, outdated, too many repairs, and unwanted wanted. These homes become an eyesore for the neighbors/community and the county gets no property tax revenue from them. The burden of this “unwanted” property is spread out to everyone.
We find these properties and make offers to buy them. When we are done rehabbing, the properties are up to code, a family has a great home, and the eyesore has been transformed. Creating a win-win-win situation.