An estate to settle, a relocation, a rental you're done with, or a property you just need off your books, we buy houses (and small portfolios) as-is for cash and close on your timeline. One call, one closing, done.
Fair Value Investments is a private real-estate investor buying for our own account. We are not a broker, lender, attorney, or government agency, and we charge no fee to make an offer.
One address or several. Tell us which are occupied, which are vacant, and anything you know about their condition.
Each property gets its own number and its own math, so you can sell one, some or all of them.
The title company handles each parcel's payoffs from its own proceeds. Leave behind whatever you do not want.
Sometimes a property just needs to become cash, quickly and with certainty. We buy occupied or vacant homes in any condition, single properties or small portfolios, and we don't need it cleaned out or fixed up first. You get a fair number and a firm closing date, and you're done.
A sale does not usually end a lease. In most cases the buyer steps into the landlord's position and the tenants' leases continue, so an occupied rental can be sold without asking anyone to move. What changes hands along with the building is the paperwork: the leases, any security deposits, and the records of what each tenant has paid.
Chicago has its own residential landlord and tenant ordinance, and suburban Cook County has a separate one. Both set rules about security deposits, and those rules matter when a building changes hands. Other towns may have their own. Read the ordinance that applies, or ask an attorney, before you close. A buyer like us will ask for copies of the leases and a list of deposits early, because they affect the numbers.
A house that sits empty keeps costing money: taxes, insurance, utilities and upkeep, plus the risk of break-ins and weather damage. In Chicago, vacant buildings are their own category for the Department of Buildings, which publishes information on vacant buildings with code violations. Suburbs handle vacant properties through their own codes. If a property has been empty for a while, check with the city or village about anything it expects from the owner.
Owners who are winding down a portfolio often want one buyer and one process. Each parcel still has its own title search, its own payoffs and its own deed, but they can close on the same day or one after another, whichever suits your tax planning and your lender. Your accountant is the right person to ask about the tax side of selling several properties in the same tax year.
You do not need to repair, clean or empty the property first. Take what you want to keep; what is left becomes part of the sale. For rentals, a unit-by-unit description of condition helps us price accurately, and we will visit before we finalize a number.
For each property we start from what comparable homes nearby have sold for, then subtract what it would take to repair, hold and resell it. The result is a cash figure you can compare against listing the property with a licensed agent, which may net more for a well-kept house. Our pricing explainer walks through the method line by line.
Comparable sales, minus itemized costs, next to what listing would likely net. See how we price a home →
No repairs, no fee, no obligation. See the number, then decide.