192 E BURLINGTON ST

RIVERSIDE, IL 60546
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2 bd, 2 ba | 800 sqft | Built in 1928

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List Price
$355,000

Initial Investment

$96,738

Purchase Price

$355,000

Down Payment

25%

Rent

$1,600

Total Return

-$19,123

Annualized Return

-3.3%

Cap Rate

1.7%

Gross Yield

5.4%

Cash Flow

-$13,906

Appreciation

2.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,000

HOA

None

Flood Risk

Not Required

Welcome home to this wonderful cottage located in the heart of Riverside, offering the perfect blend of comfort and charm. This home is larger than it seems! There are 2 bedrooms on the main floor, with the master boasting a huge walk in closet. A 3rd enormous bedroom is located in the lower level where there is a full bathroom also. A partially finished walk-out basement also offers recreational space for a family room, workout room or whatever your desires might be. A HUGE deck off the kitchen has a dedicated cooking area for your grill, and plenty of room to entertain. The deck is the main feature of the outdoor space but there is also a good-sized side yard for your warm weather pleasure. The newly painted kitchen hosts newer stainless steel appliances, and the washer/dryer are also fairly new. Hardwood floors highlight the main floor. The electric fireplace in the living room makes for cozy winter nights. Many new and stylish light fixtures highlight the neutral decor. Great location with a short walk to the train, grocery, library, restaurants and all that downtown Riverside offers. You must see this delightful home, make your appointment today!

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

Annual Financial Highlights

Expected Rent

$18,240

Expenses

-$3,247

Property Taxes

-$9,600

Loan Payments

-$19,300

Net Cash Flow

-$13,906

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:Maria Bernardi
Agent License 475157423
Berkshire Hathaway HomeServices Chicago
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12314526
Last Updated: 03/27/2025 05:03
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