1415 Burr Oak Rd

Homewood, IL 60430
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4 bd, 2 ba | 2,170 sqft | Built in 1954

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List Price
$235,000

Initial Investment

$64,038

Purchase Price

$235,000

Down Payment

25%

Rent

$2,500

Total Return

$26,124

Annualized Return

7.2%

Cap Rate

5.9%

Gross Yield

12.8%

Cash Flow

$28

Appreciation

2.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Discover the potential of this 4-bedroom, 2-bathroom home in a sought-after Chicago suburb. Relax in the three-season sunroom off the master bedroom or unwind in the whirlpool tub in the main level bathroom. The den could serve as a 5th bedroom, movie room, or office, and the finished workshop space in the garage is perfect for hobbies. Conveniently located near the highway and a 20-minute walk to the Homewood Metra stop, this residence is ideal for commuters. This property is situated within a great school district, offering excellent educational opportunities. While some cosmetic updates are needed, envision the possibilities and seize the opportunity to create your dream home.

See more in Analysis
Jake Fugman
eXp Realty - Jake Fugman - Axon Group

Annual Financial Highlights

Expected Rent

$28,500

Expenses

-$6,146

Property Taxes

-$9,550

Loan Payments

-$12,776

Net Cash Flow

$28

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:Grace Linville
Agent License 475210785
Keller Williams ONEChicago
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12066403
Last Updated: 06/29/2024 17:06
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.