6207 W 127th Pl

Palos Heights, IL 60463
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3 bd, 3 ba | 1,631 sqft | Built in 1960

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List Price
$369,900

Initial Investment

$100,798

Purchase Price

$369,900

Down Payment

25%

Rent

$2,740

Total Return

$102,721

Annualized Return

14.6%

Cap Rate

5.0%

Gross Yield

8.9%

Cash Flow

-$2,884

Appreciation

5.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,044

HOA

None

Flood Risk

Not Required

Welcome to this beautiful ranch-style home in the highly sought-after Palos Heights neighborhood! This spacious 3-bedroom, 2.5-bathroom home offers a perfect blend of comfort, style, and functionality, making it ideal for both family living and entertaining. As you step inside, you'll be greeted by a bright and airy open floor plan, featuring a huge family room that's perfect for relaxing or hosting gatherings. The formal dining room provides plenty of space for family meals or special occasions, making it the heart of the home.. The eat-in kitchen is designed for convenience, with ample counter space and room for casual dining. The three bedrooms provide plenty of space, with ample closet space. The finished basement adds even more living space, providing endless possibilities for recreation, a home office, or extra storage. Outside, you'll love the beautiful backyard, a serene and private space perfect for relaxing or enjoying outdoor activities. Whether you're hosting a summer BBQ or just unwinding after a long day, this backyard is sure to impress. On top having a great backyard, the yard is also equipped with a gorgeous three season room that is perfect for entertaining. Located in a quiet neighborhood, this home is just minutes from local parks, schools, shopping, and dining. With its spacious layout, fantastic backyard, and prime location, this home truly has it all. Don't miss the opportunity to make it yours! Schedule a showing today and experience the charm of this wonderful Palos Heights home!

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

Annual Financial Highlights

Expected Rent

$31,236

Expenses

-$5,560

Property Taxes

-$8,450

Loan Payments

-$20,110

Net Cash Flow

-$2,884

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:Steve Proutsos
Agent License 475176971
Real People Realty
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12208651
Last Updated: 11/19/2024 12:11
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.