15122 Ashland Ave

Harvey, IL 60426
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2 bd, 2 ba | 1,000 sqft | Built in 1924

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List Price
$164,000

Initial Investment

$44,690

Purchase Price

$164,000

Down Payment

25%

Rent

$1,410

Total Return

$29,669

Annualized Return

10.7%

Cap Rate

5.6%

Gross Yield

10.3%

Cash Flow

-$365

Appreciation

3.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,425

HOA

None

Flood Risk

Not Required

Beautifully updated open floor plan in this 4 bedroom, 2 bath gem on a great block! Features new wood flooring, lighting and plumbing fixtures. Updated landscaping, a newer front porch, beautiful siding and a completely brand new tear off roof! Family room features a built in media wall with integrated electrical outlet and 60" wide LED fireplace. The kitchen living room and dining room feel very open and airy with a flood of natural light from the south and east. Dream kitchen features a quartz waterfall island countertop, quality soft close 42" cabinets, built in stainless steel appliances, including a 360 range hood and counter seating. No detail was spared to give this home that designer look with optimum functionality. Good sized bedrooms with new closet inserts and updated bathrooms. Cozy 4season / office in the rear of the home, and plenty of storage space beneath. The basement has two bedrooms, and a full bath, separate laundry / mechanical room and plenty of well lit space for a second family room. You can see the pride in ownership on this block in the rapidly appreciating community of Harvey, IL. A few benefits include: low taxes once home owner exemptions are applied, plenty of parking on a quiet street or off the alley in the oversized backyard, close proximity to i57, i294, i90, Sibley blvd, state of the art WindCrest casino and entertainment district, a massive Amazon fulfillment facility as well as Northwestern Ingalls memorial hospital less than 8 blocks away. Huntington bank is offering local area incentives of up to $11,000 in closing cost assistance with no re-payment necessary! Schedule your private tour before it's gone!

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

Annual Financial Highlights

Expected Rent

$16,074

Expenses

-$3,073

Property Taxes

-$4,450

Loan Payments

-$8,916

Net Cash Flow

-$365

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:Frank Montro
Agent License 475128449
Keller Williams Preferred Rlty
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12025011
Last Updated: 04/09/2024 19:04
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