10418 S Vernon Ave

Chicago, IL 60628
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2 bd, 2 ba | 1,200 sqft | Built in 1947

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List Price
$229,900

Initial Investment

$62,648

Purchase Price

$229,900

Down Payment

25%

Rent

$1,800

Total Return

$79,876

Annualized Return

18.0%

Cap Rate

5.8%

Gross Yield

9.4%

Cash Flow

-$62

Appreciation

6.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,660

HOA

None

Flood Risk

Not Required

WOW WOW WOW/ YOU WILL NOT BELIEVE YOUR EYES AS YOU WALK INTO THE THIS FULLY REHABBED HOME WITH A WELL THOUGHT OUT AND INTENTIONAL DESIGN. FEATURES NEW OR NEWER HARDWOOD FLOORS, GRANITE COUNTERS, PORCELAIN TILE,SPECIALTY LIGHTING THROUGHOUT, A STRIKING NEW KITCHEN & STAINLESS STEEL APPLIANCES. THIS STUNNING HOME IS YEARNING FOR YOUR ENTERTAINMENT OF FAMILY AND FRIENDS!! ALL ROOMS ARE GRACIOUS IN SIZE, THERES LOTS OF WINDOWS WITH NATURAL LIGHT ILLUMINATING THROUGH. NEW OR NEWER ROOF, PLUMBING, WINDOWS, ELECTRICAL, ETC, 2 CAR GARAGE AND SO MUCH MORE! THIS IS BEAUTIFUL BLOCK THAT SHOWS PRIDE OF OWNERSHIP. HURRY BECAUSE IT WON'T LAST LONG!! AGENT OWNED

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

Annual Financial Highlights

Expected Rent

$20,520

Expenses

-$3,734

Property Taxes

-$4,350

Loan Payments

-$12,499

Net Cash Flow

-$62

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:Edward Gal
Agent License 471016567
At Home Realty Group, Inc.
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12312972
Last Updated: 03/18/2025 18:03
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