502 SINGER AVE
LEMONT, IL 60439
List Price
$449,000
Initial Investment
$122,353Purchase Price
$449,000
Down Payment
25%
Rent
$3,990
Total Return
$85,662
Annualized Return
11.6%
Cap Rate
6.4%
Gross Yield
10.7%
Cash Flow
$2,323
Appreciation
3.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,641
HOA
None
Flood Risk
Not Required
Charm and character engulf this one-of-a-kind, home. It's located in the highly sought after historical district - walking distance to downtown Lemont. You can enjoy a summer evening walk for ice cream, or to your favorite restaurant. It's also located in the highly rated Lemont school districts! It has 10 ft ceilings; 2d floor laundry & 1st floor 4th bedroom with new stunning built in library shelves complete with ladder - perfect for office or playroom! Features huge storage closets, double sized outdoor shed in addition to the partial basement (outdoor access only - cellar basement/workshop). Beautiful wrap-around porch with charming swing in front, gorgeous outdoor entertainment area with deck, patio. Come see your new home!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$45,486Expenses
-$8,853Property Taxes
-$9,900Loan Payments
-$24,410Net Cash Flow
$2,323See 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.
Similar Listings
Listing Courtesy of:Jayne Filler-Lakickas
Agent License 471013073
Jayne M Filler-Lakickas
Agent License 471013073
Jayne M Filler-Lakickas
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 #12324576
Last Updated: 04/11/2025 08:04
MLS #12324576
Last Updated: 04/11/2025 08:04