18251 Oakwood Ave

Lansing, IL 60438
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2 bd, 1 ba | 760 sqft | Built in 1925

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List Price
$99,900

Initial Investment

$27,223

Purchase Price

$99,900

Down Payment

25%

Rent

$1,540

Total Return

$57,576

Annualized Return

29.6%

Cap Rate

9.8%

Gross Yield

18.5%

Cash Flow

$3,457

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,150

HOA

None

Flood Risk

Not Required

Exciting opportunity! This frame 1 story offers 2 bedrooms, 1 full bath, a 1-car detached garage and a partial basement that can be finished for added living space. This property is waiting for the right owner to unlock its full potential and turn it into a stunning home. Conveniently located near shopping, restaurants and recreation this home is ideal for a first-time buyer ready to transform it into a fabulous living space or an investor looking to add to their rental portfolio.

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NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$17,556

Expenses

-$4,968

Property Taxes

-$3,700

Loan Payments

-$5,431

Net Cash Flow

$3,457

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:Daniel Robinson
Agent License 471017974
Crosstown Realtors, Inc.
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12276995
Last Updated: 01/24/2025 19:01
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.