Description

Hi everyone. I've got a turnkey deal available in the Washington Heights neighborhood of Chicago, IL. This property was in demo court back in 2013 and was saved, rehabbed, stabilized, and rented out. It's been performing ever since and is currently leased up and ready to be sold at a deep, deep discount! 


  • Home Type: Single Family
  • Construction: Frame
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Space: 819 Sqft
  • Lot Size: 3,125 Sqft
  • Stories: 2
  • Basement: Full
  • Garage: 2 Car, detached



  • Real Estate Taxes (annual): $1,926.84
  • Insurance (annual): $520
  • Utilities: Owner Pays Water - ~$50/mo
  • Tenant pays all other utilities.
  • Gross annual rent: $15,180 ($1,265/mo)


Factoring in vacancy (8%), repairs and maintenance (5%), reserves (cap ex @ 5%), management (9%), and all other listed costs, we project a  9.21% ROI at a purchase price of $85,000


If interested, reach out! Email me at Ken.Yu@ChicagoRES.com. My work phone is (773) 466-6724. 




Property Details

Property Status Expired
Price $85,000
Estimated Repairs $
Square Footage 816
Sq Footage Source null
Estimated ARV $150,000
Estimated Equity $65,000
Bedrooms 3
Bathrooms 2
Garage Size 2
Year Built 1913
Sellers Disclosure Choose one...
Publish Date June 24th, 2017

Seller Information

Ken Yu

Chicago, Illinois
Member since May 2017
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