8155 S Essex Ave

Chicago, IL 60617
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3 bd, 2 ba | 4,375 sqft | Built in 1951

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List Price
$399,900

Initial Investment

$108,973

Purchase Price

$399,900

Down Payment

25%

Rent

$2,220

Total Return

$93,802

Annualized Return

12.0%

Cap Rate

3.6%

Gross Yield

6.7%

Cash Flow

-$8,487

Appreciation

6.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,375

HOA

None

Flood Risk

Not Required

STUNNING! This newly rehabbed 3 bedroom, 2 bath home has a brand new look and feel. The white kitchen is impeccable designed with granite countertops, tiled floors and newly installed lighting, the bedrooms are spacious and are ready for you to just place your furniture. Hardwood floors cover the living room, dinging room and all bedrooms. The newly remodeled bathroom includes granite countertops and tiled floor and a corner shower. This home just keeps going! The enclosed back porch adds additional entertainment space, along with the Hugh full finished basement. This is a must see!

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$25,308

Expenses

-$4,505

Property Taxes

-$7,550

Loan Payments

-$21,741

Net Cash Flow

-$8,487

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

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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:Deborah Higgins
Agent License 475132768
Century 21 Circle
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12214559
Last Updated: 11/21/2024 05:11
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.