175 Westwood Dr

Park Forest, IL 60466
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3 bd, 2 ba | 1,088 sqft | Built in 1956

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List Price
$182,500

Initial Investment

$49,731

Purchase Price

$182,500

Down Payment

25%

Rent

$1,980

Total Return

$35,609

Annualized Return

10.1%

Cap Rate

3.5%

Gross Yield

13.0%

Cash Flow

-$4,505

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,323

HOA

None

Flood Risk

Not Required

Welcome to this charming and spacious 3-bedroom, 2-bathroom home located in a well-kept community! Recently rehabbed in 2022, this home features updated appliances, a new hot water tank, and newly added recessed lighting in the living room. The open-concept layout includes a large family room, perfect for entertaining or relaxing. Additional highlights include a two-car garage and a spacious backyard, ideal for outdoor activities. This home is move-in ready and waiting for you to make it your own!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$22,572

Expenses

-$4,925

Property Taxes

-$12,230

Loan Payments

-$9,922

Net Cash Flow

-$4,505

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:Teresa Ryan
Agent License 471003290
Century 21 Circle
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12276438
Last Updated: 01/24/2025 22:01
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.