9 60th St

Downers Grove, IL 60516
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2 bd, 2 ba | 560 sqft | Built in 1947

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List Price
$225,900

Initial Investment

$61,558

Purchase Price

$225,900

Down Payment

25%

Rent

$2,470

Total Return

$99,006

Annualized Return

23.8%

Cap Rate

8.4%

Gross Yield

13.1%

Cash Flow

$5,604

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

20,772

HOA

None
Explore a distinctive related-living property nestled on an expansive lot, featuring a convenient side driveway that leads to a spacious 2.5-car garage. This house, whether as a fixer-upper or a teardown, holds the potential for transformation. Immerse yourself in the joys of summer on the generous wood deck, providing panoramic views of the vast 20,000+ square foot property. Whether you envision a teardown project or are in search of an investor's special, this property offers a unique opportunity for your creative vision. Sold as-is, it awaits your personal touch and innovative ideas.

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

Annual Financial Highlights

Expected Rent

$28,158

Expenses

-$6,172

Property Taxes

-$4,100

Loan Payments

-$12,281

Net Cash Flow

$5,604

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:Kris Maranda
@properties Christie's International Real Estate
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12012880
Last Updated: 03/26/2024 16:03
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.