Glenwood, IL Fix & Flip

A Recent Investor Fix-&-Flip Success Story
Purchase Price

$100,000

Renovation Budget

$25,900

Loan Amount

$115,900

Sales Price (ARV)

$160,000

Net Profit (Minus Holding Costs)

$14,000

Return

93%

Glenwood Fix & Flip Case Study

How a Glenwood Investor Used Bridge Financing to Complete a Profitable Illinois Flip

This Glenwood, Illinois fix and flip case study shows how an investor used bridge financing from ICG10 Capital to acquire, renovate, and resell a property in the Chicago-area market. The deal began with a purchase price of $100,000, a renovation budget of $25,900, and a total loan amount of $115,900 to support the execution of the project.

After the improvements were completed, the property sold for $160,000. The deal generated $14,000 in net profit, minus holding costs, and delivered a 93% return. This project demonstrates how controlled renovation costs and efficient execution can still produce a successful exit in a competitive Midwest market.

Deal Snapshot

Purchase price of $100,000, renovation budget of $25,900, loan amount of $115,900, resale at $160,000, and net profit of $14,000 before factoring in holding costs.

How the renovation improved buyer appeal

The gallery highlights updates that helped the property show better to buyers, including refreshed kitchen finishes and a stronger front entrance presentation. Even targeted improvements can improve perceived value when the work enhances functionality and overall first impression.

Why bridge loans are useful for smaller flip projects

Bridge financing is not just for large renovation deals. For investors buying and improving lower-basis properties, fast short-term funding can make it easier to secure the opportunity, complete the work, and move toward resale without tying up long-term capital.

What this Illinois case study demonstrates

This project shows that profitable fix and flip results can come from disciplined buying, measured rehab costs, and a realistic exit strategy. In markets like Glenwood and the broader Chicago region, investors who stay focused on cost control can still uncover strong opportunities.

For investors pursuing similar deals in Illinois, this example illustrates how short-term bridge financing can help support acquisition and renovation timelines while preserving flexibility through the life of the project.

Investor takeaway: A smaller renovation project can still create a strong return when acquisition basis, renovation scope, and resale pricing remain aligned.

Need a fix and flip loan in Illinois?

ICG10 Capital provides bridge loans and investor financing for fix and flip opportunities across Illinois and nationwide. Whether you are taking on a smaller value-add property or a larger renovation project, our team can help structure financing around your deal strategy.

If you are evaluating a similar project in Glenwood or elsewhere in the Chicago area, contact us to discuss your funding options.

Deal metrics

  • Location: Glenwood, Illinois
  • Purchase price: $100,000
  • Renovation budget: $25,900
  • Loan amount: $115,900
  • Sales price: $160,000
  • Net profit: $14,000

Funding overview

This project used bridge financing to support acquisition, renovation, and the final resale of the property.

Why this project performed

  • Low acquisition basis
  • Controlled renovation budget
  • Updated kitchen presentation
  • Improved curb appeal
  • 93% return

Questions? 954.798.0726 or info@icg10.com

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