4228 W Harrington Ln

Chicago, IL 60646
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2 bd, 3 ba | 1,544 sqft | Built in 1990

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List Price
$499,900

Initial Investment

$136,223

Purchase Price

$499,900

Down Payment

25%

Rent

$2,060

Total Return

-$55,609

Annualized Return

-7.0%

Cap Rate

1.3%

Gross Yield

4.9%

Cash Flow

-$21,781

Appreciation

2.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

1,768

HOA

$409/mo

Flood Risk

Not Required

Nestled within the sought-after Sauganash Village, this meticulously updated 2 bedroom with den/loft that can be easily converted to 3rd bedroom, 2 1/2 bathroom townhome is a masterpiece! Step into the stunning kitchen adorned with custom solid wood-Oak cabinets, sleek granite countertops, and top-of-the-line GE Profile stainless steel appliances, including a Fisher & Paykel double dishwasher and an oven with a griddle top, complemented by a convenient breakfast bar. Flooded with natural light, the sun-drenched living room boasts a wet bar, cozy fireplace, and double French doors leading to a serene rear brick paved patio. Cherry floors grace the main level, adding warmth and elegance to the space. Upstairs, discover a spacious master suite complete with a walk-in closet and a lavish Kohler Master bath/Spa, alongside a charming guest bedroom with a terrace and an accompanying guest bathroom. Additionally, a versatile loft area offers the potential for a third bedroom, easily customizable to suit your needs. The finished lower level presents a fourth bedroom, a welcoming family room/recreation area, laundry facilities, ample storage, and mechanicals, ensuring both comfort and convenience. Outside, the property boasts another delightful brick paved patio and a 1-car attached garage.

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

Annual Financial Highlights

Expected Rent

$23,484

Expenses

-$9,088

Property Taxes

-$9,000

Loan Payments

-$27,177

Net Cash Flow

-$21,781

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:Sohail Salahuddin
Agent License 471012075
eXp Realty, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12339238
Last Updated: 04/22/2025 05:04
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