537 S 5th Ave
Des Plaines, IL 60016
List Price
$450,000
Initial Investment
$122,625Purchase Price
$450,000
Down Payment
25%
Rent
$3,380
Total Return
$99,459
Annualized Return
12.1%
Cap Rate
4.8%
Gross Yield
9.0%
Cash Flow
-$4,346
Appreciation
4.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,650
HOA
None
Flood Risk
Not Required
Fantastic opportunity to own Move in Ready spacious, solid brick bungalow on the charming, quiet street of Des Plaines. The house features 6 bedrooms, 2.5 Baths, full basement with additional 2 bonus rooms and tons of storage. The whole house was painted in 2024, new laminate flooring throughout the house 2024. Brand new kitchen 2025, new dishwasher 2025, new microwave 2025, major kitchen appliances 2024. Primary suite on the second floor features a private bathroom with a step in shower. Oversized 4 car garage makes a great workshop or is perfect for the car enthusiast. Excellent location, near train, town shopping and nightlife. Schools and parks nearby as well. Quick closing is possible, so don't delay!!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$38,532Expenses
-$6,864Property Taxes
-$11,550Loan Payments
-$24,464Net Cash Flow
-$4,346See 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.
Similar Listings
Listing Courtesy of:Venera Cameron
Agent License 475159418
Real 1 Realty
Agent License 475159418
Real 1 Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12313667
Last Updated: 03/17/2025 13:03
MLS #12313667
Last Updated: 03/17/2025 13:03