1358 W 115th St

Chicago, IL 60643
image0

3 bd, 1 ba | 1,099 sqft | Built in 1963

slider image
slider image
slider image
List Price
$200,000

Initial Investment

$54,500

Purchase Price

$200,000

Down Payment

25%

Rent

$1,790

Total Return

$61,843

Annualized Return

16.6%

Cap Rate

5.9%

Gross Yield

10.7%

Cash Flow

$146

Appreciation

5.5%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,187

HOA

None

Flood Risk

Not Required

Beautifully updated 3 bd/1 bth ranch bungalow in Chicago! This beauty was renovated in 2024 and features modern finishes throughout. It's got great curb appeal being on a corner lot with a gated entry. When you enter the front door you're greeted by a large combined living room/dining room with lots of natural light and hardwood floors that flow throughout the living area and bedrooms. The updated kitchen features granite countertops, new cabinets, all new SS appliances and a gorgeous backsplash. 3 great sized bedrooms with large closets and an updated full bath round out the first floor. The finished basement provides even more living space and lots of storage. The rec room makes for the perfect home gym, play room or media room. There are 2 large storage rooms in the basement that could be potential 4th & 5th bedrooms. Outside, enjoy your private, fenced-in backyard with an enclosed patio attached to the 2-car garage plus a regular patio. Minutes to I-57, close to public transit, groceries, parks and more! Easy to show, schedule your tour today! Sold AS-IS.

See more in Analysis
Jake Fugman
eXp Realty - Jake Fugman - Axon Group

Annual Financial Highlights

Expected Rent

$20,406

Expenses

-$3,987

Property Taxes

-$5,400

Loan Payments

-$10,873

Net Cash Flow

$146

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.

Similar Listings



Listing Courtesy of:Cesar Juarez
Agent License 475130661
Redfin Corporation
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12274686
Last Updated: 01/24/2025 18:01
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.