3616 W 56th St
Chicago, IL 60629
List Price
$289,900
Initial Investment
$78,998Purchase Price
$289,900
Down Payment
25%
Rent
$1,710
Total Return
$46,138
Annualized Return
8.8%
Cap Rate
4.0%
Gross Yield
7.1%
Cash Flow
-$4,986
Appreciation
4.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,000
HOA
None
Flood Risk
Not Required
Great investment for the savvy buyer. Check out this brick tri-level ranch on a *DOUBLE LOT* with 3 good size bedrooms and 2 bathrooms. You will be welcomed by an open concept which includes the living room and dining area (formerly a kitchen also) Additionally, this property has a big family room in the partial basement with as s huge family room/extra bedroom and a screened side porch! This property used to have 2 kitchens so there is room to add it back and create a small related living area! A big yard with the double lot open for ideas and summer gatherings/cookouts! Plus a 2 car garage! LOCATION! LOCATION! Conveniently located close to public transportation, Socorro Sandoval Elementary School, Irene C Hernandez Middle School and Solorio Academy High School. Check it out! Schedule your private showing today! This property is NOT FOR RENT or LEASE
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$19,494Expenses
-$3,470Property Taxes
-$5,250Loan Payments
-$15,760Net Cash Flow
-$4,986See 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:Maribel Castillo Sanchez
Agent License 475175449
RE/MAX MI CASA
Agent License 475175449
RE/MAX MI CASA
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12314580
Last Updated: 03/18/2025 02:03
MLS #12314580
Last Updated: 03/18/2025 02:03