Not my size, and I need to get rid of a couple of bikes before I can take on another project.
I'd guess at least $300 to do a quality restore of the paint and decals. No way to check the chrome without stripping the bike. I'd say it would have been a break-even at best restore.
if it was a 23.5" or 24.5" frame, I'd have considered making him an offer. After looking a bit harder at the frame.