428 Hickory Street

Chicago Heights, IL 60411
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8 bd, 4 ba | 3,392 sqft | Built in 1970

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List Price
$249,000

$6K

Initial Investment

$73,425

Purchase Price

$265,000

Down Payment

25%

Rent

$3,600

Total Return

$95,582

Annualized Return

19.9%

Cap Rate

7.8%

Gross Yield

16.3%

Cash Flow

$4,731

Appreciation

4.9%
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Features

Occupancy

Vacant

Property Type

Fourplex

Lot Size

9,804

HOA

None

Flood Risk

Not Required

  • Substantial repairs completed; more details are available under the "Analysis" tab. Repair invoices can be viewed in "Inspection Report 12" attachment
  • Fourplex property with 3 vacant units
  • Conveniently located near schools and daycares, grocery stores, and parks

See more in Analysis

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Annual Financial Highlights

Expected Rent

$41,040

Expenses

-$11,602

Property Taxes

-$10,300

Loan Payments

-$14,407

Net Cash Flow

$4,731

See more in Financials

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