8016 S Blackstone Ave

Chicago, IL 60619
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5 bd, 2 ba | 1,300 sqft | Built in 1973

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List Price
$234,900

Initial Investment

$64,010

Purchase Price

$234,900

Down Payment

25%

Rent

$1,810

Total Return

$88,434

Annualized Return

19.0%

Cap Rate

5.7%

Gross Yield

9.2%

Cash Flow

-$110

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

2,760

HOA

None

Flood Risk

Not Required

This stunning property, finished with the highest quality materials, is a completely renovated, open-concept home boasting five spacious bedrooms and two full bathrooms. This property features a brand new tear off roof. It's an incredible brick split-level, ready for you to simply move your furniture in, located in one of the most coveted areas, central to all amenities. The beautiful kitchen features grey shaker cabinets, a tiled backsplash, quartz countertops, and brand new stainless steel appliances. The house offers an expansive combined living and dining room, adorned with gorgeous flooring. The professionally landscaped exterior includes a large fenced backyard. This house has been remodeled from top to bottom, making it an unbeatable gem truly worth considering.

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

Annual Financial Highlights

Expected Rent

$20,634

Expenses

-$3,724

Property Taxes

-$4,250

Loan Payments

-$12,770

Net Cash Flow

-$110

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:Hamza Hassan
Agent License 475169212
RE/MAX 10 in the Park
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12120804
Last Updated: 07/25/2024 13:07
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