Noble Dr, Port Barrington

This case study illustrates a Heavy Value-Add / Structural Renovation project, positioned strategically between a standard cosmetic fix-and-flip and a ground-up development. Executed over a 12-month timeline (8 months of heavy structural construction + 4 months go-to-market), this capital-intensive scope directly enabled the project's high absolute returns. Rather than light cosmetic updates, the budget covered major engineering and structural work: installing a full deep-pour basement, framing cathedral ceilings, adding a 3-car garage, and installing high-end exterior/interior specs (Hardie Board siding, Pella windows, custom cabinetry). Acquiring the property basis for $58,000 and funding this major transformation resulted in a total budget of $490,000. By elevating the home to luxury custom-build standards, the project achieved a $330,000 gross profit, delivering a 67.3% Return on Cost (ROC) / Annualized ROI over the 12-month cycle. Estimated Schedule: 12 Months Total Duration (8 months major structural renovation & custom build-out + 4 months go-to-market & final sale).