543 E 88th Pl

Chicago, IL 60619
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3 bd, 4 ba | 3,020 sqft | Built in 1921

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List Price
$275,000

Initial Investment

$74,938

Purchase Price

$275,000

Down Payment

25%

Rent

$1,870

Total Return

$91,595

Annualized Return

16.7%

Cap Rate

4.9%

Gross Yield

8.2%

Cash Flow

-$2,377

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,875

HOA

None

Flood Risk

Not Required

Well maintained brick bungalow ready for new owners! This home does not fall short of space! This 4 bedroom 3.5 bathroom home offers everything you need. Every inch of this home is finished offering the storage and space you want. The main level offers hardwood floors, a beautiful master bedroom complete with a master bathroom suite. The kitchen boasts granite counter-tops, subway tile backsplash, modern cabinetry and a complete premium stainless steel appliance package. Head upstairs and you'll find two large bedrooms with plenty of closet space and another modernized bath room with fresh new carpet.The fully-finished basement is perfect for entertaining with an inviting family room. Complete with another bedroom and finished laundry room. The walk-out basement leads to your two-car garage and backyard. Seller is offering a $6,000 closing credit for your new home. ***Tax bill does not reflect missing exemptions. Owner has applied for a certificate of error on taxes.

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

Annual Financial Highlights

Expected Rent

$21,318

Expenses

-$3,795

Property Taxes

-$4,950

Loan Payments

-$14,950

Net Cash Flow

-$2,377

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:Tatianna Barnett
Agent License 475165727
Dior Realty Group
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12022154
Last Updated: 04/08/2024 13:04
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