1827 W Fletcher St

Chicago, IL 60657
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4 bd, 5 ba | 3,500 sqft | Built in 1887

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List Price
$1,600,000

Initial Investment

$436,000

Purchase Price

$1,600,000

Down Payment

25%

Rent

$3,360

Total Return

-$283,354

Annualized Return

-11.4%

Cap Rate

0.3%

Gross Yield

2.5%

Cash Flow

-$84,299

Appreciation

1.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,125

HOA

None

Flood Risk

Not Required

Stunning, 5 bedroom, 4.5 bathroom. This beautiful single family home is situated on an idyllic tree lined street in the heart of Roscoe Village. Bright open floor plan and high ceilings. Amazing attention to detail throughout. Gorgeous custom millwork, white oak floors, designer light fixtures, imported tile and expansive closets. Main floor features formal front living room/dining room, custom designed and crafted kitchen with massive seated, waterfall island, full slab backsplash and an all Fisher & Paykel appliance package. At the rear of the home, the main floor living room features a gas fireplace and leads to a highly sought after covered porch with beautiful composite flooring and hardwood ceiling. The porch leads out to a large, fenced back yard and 2 car garage with new hardy board siding and roof, ready for a garage rooftop deck to be built. The second level includes a luxurious primary suite featuring a large walk-in closet and spa-like bathroom with separate double shower and soaking tub. The second level also includes 2 additional large bedrooms, beautifully designed secondary bathroom, custom cabinetry surrounded laundry with front loading W/D, and a floor to ceiling wall of built in shelving & storage with seating areas framing tall windows. The penthouse level consists of a bedroom, perfect for a home office, designer full bathroom & large flex space great for a home fitness studio with skylights and large glass french doors leading to the penthouse rooftop deck. The lower level is adorned with many windows allowing for ample natural light, nice sized common living space, fifth bedroom, full bathroom and a small separate space ready to be built out into your dream wine cellar. Additional and noteworthy features include, full perimeter drain tile & sump pump, separate HVAC for upper and lower levels, all interior & exterior finishes and mechanicals are new (2023), new tear off roof on home and garage (2020), integrated front and rear Nest security cameras and smart, doorbell and keyless entry locks. Amazing location between all that Roscoe Village & Lakeview have to offer.

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

Annual Financial Highlights

Expected Rent

$38,304

Expenses

-$6,818

Property Taxes

-$28,800

Loan Payments

-$86,984

Net Cash Flow

-$84,299

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:Todd Takes
Agent License 475135963
Compass
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12322255
Last Updated: 04/22/2025 08:04
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