12817 Honore St

Blue Island, IL 60406
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4 bd, 2 ba | 1,848 sqft | Built in 1918

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List Price
$110,000

Initial Investment

$29,975

Purchase Price

$110,000

Down Payment

25%

Rent

$1,830

Total Return

$44,523

Annualized Return

24.3%

Cap Rate

10.4%

Gross Yield

20.0%

Cash Flow

$4,393

Appreciation

3.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Calling all investors! Cash or rehab loans only. Property has a ton of potential but needs work. Sold "AS IS". Currently occupied and requires 24 to 48 hours to confirm showings. First floor layout: 2 bedrooms, bathroom, living room, formal dining room, kitchen. An enclosed porch in the rear leads to the 2nd floor that is designed as related living space with a 2nd kitchen, living room, 2 bedrooms and full bathroom. Unfinished basement with laundry area. Large yard. Does not have a garage. Roof is 2 years old. Some windows are new. Water heater 2 years old. Furnace 4 years old.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Jake Fugman
eXp Realty - Jake Fugman - Axon Group

Annual Financial Highlights

Expected Rent

$20,862

Expenses

-$6,889

Property Taxes

-$3,600

Loan Payments

-$5,980

Net Cash Flow

$4,393

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

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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:Natalia Martinez
RE/MAX MI CASA
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12034192
Last Updated: 04/25/2024 05:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.