8135 S Wolcott Ave

Chicago, IL 60620
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4 bd, 2 ba | 1,796 sqft | Built in 1923

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List Price
$249,873

Initial Investment

$68,090

Purchase Price

$249,873

Down Payment

25%

Rent

$1,610

Total Return

$23,367

Annualized Return

5.5%

Cap Rate

4.0%

Gross Yield

7.7%

Cash Flow

-$4,345

Appreciation

3.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Historically speaking, grandeur, charm, and plenty of graceful living illuminate this distinctive octagon brick bungalow sitting on a rare oversized lot with a side driveway. Freshly painted and move-in ready, the interior features a formal foyer that opens to a spacious living room surrounded by gracious transom windows and a decorative vintage-style fireplace. Beautifully refinished gleaming hardwood flooring starts here and continues throughout the large formal dining room with a wall of transom windows and all three main-level bedrooms. The kitchen has ample cabinets and a breakfast table nook. The main level bathroom has newer ceramic tile. Upstairs, there is a large fourth bedroom, and the finished basement offers multiple entertaining areas and a convenient second bathroom. Easy to show and to see, so schedule your private viewing before this rare opportunity is gone.

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

Annual Financial Highlights

Expected Rent

$18,354

Expenses

-$4,365

Property Taxes

-$4,750

Loan Payments

-$13,584

Net Cash Flow

-$4,345

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:Thomas Domasik
RE/MAX 10 in the Park
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12030679
Last Updated: 04/26/2024 05:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.