Excellent fully occupied turnkey armchair investment opportunity bringing in $3,108 in gross rent per month! 7.98% cap rate including property management fees and estimated 5% vacancy loss. Property management company in place and willing to stay on. Tenants pay electric, gas, and heat with individual hot water tanks and furnaces in each unit. Washer/dryer hookups in each unit! Property was built in 2005 and appears to be in good condition. Conveniently located across the street from a playground. Estimated cash on cash ROI of 20.09% / year!
Property Map
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Property Details
Utilities
Heating Gas, Forced Air
Cooling
Water Lake Michigan, Public
Sewer Sewer-Public
Additional Information
Payment Calculator
Listing History
09-25-2018
Listed at $249,900
10-14-2018
Status changed to Under Contract
01-03-2019
Status changed to Expired
01-04-2019
Status changed to Closed
01-04-2019
Sold at $235,000
Last Modified 1/4/19 2:34 PM
Nearby Transportation
Bus 24
0.1 mi
Bus 67
0.1 mi
Bus 169
0.2 mi
Bus 71
0.3 mi
Bus 29
0.3 mi
Bus 5
0.3 mi
Bus 95
0.3 mi
Bus 30
0.3 mi
Bus 75
0.6 mi
Bus 8
0.6 mi
Bus 3
0.9 mi
Bus 63
0.9 mi
Bus 79
1.1 mi
Bus 8A
1.1 mi
Bus 44
1.1 mi
Red Line
0.3 mi
Green Line
1.0 mi
I 94 East
0.3 mi
I 94 West
0.4 mi
I 90 East
0.6 mi
I 90 West
0.9 mi
Hwy 57
3.5 mi
Hwy 57
3.7 mi
For More Information
(312) 528-9200
For more information about 6959 S Princeton, Chicago, IL 60621 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Homeriver Illinois LLC
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
