$295,000

In September 2024, Barnett Capital funded a $192,300 fix and flip loan for a residential investment property in Winthrop Harbor, Illinois, a charming lakefront community known for its marina, proximity to the Wisconsin border, and small town appeal. The borrower purchased the property for $159,900 and completed renovations over a 9 month period, finishing the project in July 2025. Originally projected to sell for $275,000, the property exceeded expectations and closed at $295,000, thanks to thoughtful design choices and quality craftsmanship that resonated with buyers. This Winthrop Harbor fix and flip project is a strong example of how local market knowledge, timely execution, and flexible financing from Barnett Capital can help investors unlock greater returns in suburban Illinois real estate.