1094 Blackburn Dr

Grayslake, IL 60030
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3 bd, 3 ba | 1,450 sqft | Built in 1996

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List Price
$375,000

Initial Investment

$102,188

Purchase Price

$375,000

Down Payment

25%

Rent

$2,550

Total Return

$18,580

Annualized Return

2.8%

Cap Rate

2.2%

Gross Yield

8.2%

Cash Flow

-$13,391

Appreciation

4.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,356

HOA

None

Flood Risk

Not Required

Welcome to incredibly remodeled house in Grayslake, Subdivision "College Trail"! This charming Colonial home offers three bedrooms and two and half bathrooms. Open and bright living room and dining room, perfect for entertaining. Brand new kitchen features a ton of cabinets and space for breakfast table, new quartz countertops and access to patio with brand new sliding doors. Primary bedroom with vaulted ceilings, luxurious private bathrooms and double closet space. Second bathroom will impress you with beautiful design. House offers brand new quality wood laminate flooring, fresh paint through out, new roof, new light fixtures, garage door opener mechanism, all new doors. Laundry/Mud room located conveniently by the garage with brand new washer/dryer. The full basement can be used for additional storage or finished off for even more living space! House located near Rollins Savannah, parks, downtown, and the train station, walking distance to Lake count collage.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$29,070

Expenses

-$5,174

Property Taxes

-$16,900

Loan Payments

-$20,387

Net Cash Flow

-$13,391

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Zivile Pitkiene
Agent License 475149353
Coldwell Banker Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12335681
Last Updated: 04/23/2025 08:04
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