1815 S Central Ave

Cicero, IL 60804
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5 bd, 2 ba | 1,140 sqft | Built in 1922

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List Price
$319,900

Initial Investment

$87,173

Purchase Price

$319,900

Down Payment

25%

Rent

$1,970

Total Return

-$7,079

Annualized Return

-1.3%

Cap Rate

2.4%

Gross Yield

7.4%

Cash Flow

-$10,481

Appreciation

2.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,158

HOA

None

Flood Risk

Not Required

Welcome to 1815 S Central Ave, a spacious and inviting bungalow perfect for growing families or anyone seeking plenty of room to make their own. This home features 5 generously sized bedrooms and 2 full bathrooms, offering both comfort and practicality. With a full English basement, there's abundant space for additional living areas, storage, or a future home office. The partially finished attic offers even more potential for customization, whether you need a playroom, extra bedroom, or hobby space. The home boasts a 2-car garage and a fully fenced backyard, ideal for outdoor gatherings, gardening, or providing a safe space for children and pets to play. Located in a highly convenient area, you're just minutes away from schools, shopping, hospitals, and parks, ensuring easy access to all the necessities. Whether you're looking for a family home or a property with room to grow, this bungalow has it all. Don't miss the chance to make this versatile and charming home yours!

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

Annual Financial Highlights

Expected Rent

$22,458

Expenses

-$3,998

Property Taxes

-$11,550

Loan Payments

-$17,391

Net Cash Flow

-$10,481

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:Monica Navarro
Agent License 475181330
John Greene Realtor
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12206692
Last Updated: 11/08/2024 19:11
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