Advice for flipping that condo in a down market

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Baird & Warner real estate agent Greg Jarvis tells a happy tale of flipping in our Condo flipper journal. His clients bought a Lincoln Park duplex at 2335 N Bosworth Ave for $467,500 in August 2006. Three months later, after adding one wall to create an extra bedroom, putting up new window treatments and painting the place, they decided to put it back on the market. The home sold a couple of months ago after just 19 days for $507,000 – nearly $40,000 more than they paid for it, according to Jarvis, who says marketing also played its part. See more photos and details of the successful flip at Condo flipper.

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