Turnkey Investor Special 10% Cap Rate

$180,000 • 3 Beds / 2 Baths • 1,298 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1952
  • 1298
  • 1298

Description

Solid 3 bed/ 2 bath turn key rental in Chicago's 60628 zip code. Currently tenant-occupied and bringing in $1,685/month in rent. Property is in good condition and has no major repairs needed. Opportunity to step in and start collecting cash flow.


Located on a quiet, residential block with a detached garage, finished basement, and solid structure. Close to parks, schools, public transit, and quick highway access


Perfect buy & hold opportunity investors looking for a clean, performing asset in a strong rental area.


Comps:

10043 S King Dr, Chicago, IL 60628 sold for $265,000

10315 S King Dr, Chicago, IL 60628 sold for $245,000

Estimated Spread

  • ARV $250,000
  • Price $175,000
  • Spread $75,000

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