Sold for $324,000 on 1/06/17
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
10 |
— |
|
— |
2 |
$3,677 |
3147 days |
Incredible Investment Opportunity w/ a 50% Cash-on-Cash Return! Beautiful Greystone Legal 3-Flat! Property Was Completely Gutted 8 Years Ago, Roof, Electrical, Plumbing, Heating, Windows, Hardwood Floors, Kitchens and Baths! 1st Flr Unit Offers 3 Beds and 1 Bath. 2nd Flr Unit Has 4 Beds and 1 Bath. Garden Unit Has 3 Beds and 1 Bath. Lot at 911 N Lawndale Next to Building is Included w/ a 2 Car Garage! Lot Has Separate PIN and Taxes were $634 in 2014. Tenants are Long Time Section 8 and Rents Have Not Gone Up in 8 Years, so Room for Rent Increases! At a 3.6% Interest Rate with 20% Down, Investors Can Expect a Monthly Income of $3,440 - $479 in Expenses = $2,961, a Yearly Cash Flow of $35,532! and at $5,000 in Closing Costs, a CASH on CASH Return of 49%!
Listing courtesy of Kale Realty
913 N Lawndale Ave. is a multi-unit home, and is located in Chicago, IL, in the Humboldt Park neighborhood. It has 10 bedrooms and — bathrooms, a 2-car garage, and has annual property taxes of $3,677.
Marco Amidei
(888) 32-Marco (847) 630-4886
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