10814 S Sangamon St

Chicago, IL 60643
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3 bd, 2 ba | 1,197 sqft | Built in 1949

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List Price
$187,000

Initial Investment

$50,958

Purchase Price

$187,000

Down Payment

25%

Rent

$2,000

Total Return

$79,139

Annualized Return

23.0%

Cap Rate

8.1%

Gross Yield

12.8%

Cash Flow

$4,151

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,320

HOA

None

Flood Risk

Not Required

This charming brick home is a gem, offering a solid foundation and a wealth of potential. Featuring original hardwood floors throughout, the home radiates warmth and character, providing a classic base for your personal style. The spacious living areas are perfect for gatherings, while the full basement offers ample storage, half bathroom, and the potential for additional living space. With 3 cozy bedrooms and 1.5 baths, this home is well-suited for comfortable everyday living. While the home has been well-maintained, it's ready for your creative design to bring it to its full potential. Whether you choose to modernize the kitchen, update the bathrooms, or create an open-concept living area, the possibilities are endless. This property is located in a quiet, desirable neighborhood, providing the perfect balance of convenience and tranquility. Enjoy easy access to local amenities, schools, and parks. The sizable backyard offers plenty of room for outdoor activities or even future landscaping projects. Don't miss the chance to make this house your home - with a little vision, you can create a space that perfectly fits your needs and style. Come see the potential for yourself!

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

Annual Financial Highlights

Expected Rent

$22,800

Expenses

-$4,933

Property Taxes

-$3,550

Loan Payments

-$10,166

Net Cash Flow

$4,151

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:Camesha Jackson
Agent License 475200874
Coldwell Banker Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12169990
Last Updated: 01/20/2025 19:01
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