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This is an excellent investment opportunity to have an acquisition as a buy and hold rental or to do a rehab. This property features all hardwood floors on the main level, vinyl windows, a large living room with a separate dining room, and large square footage in the bathroom. The basement runs the full length of the home, and the attic can be turned into a second floor with a bungalow up. This home already has a structural engineer report required by the Village to create a second floor. This home has a large fenced in back yard and a 1 car garage. This home is being sold as is, where is. Analysis Rehab AVR 240K 4 bed 2 bath. $88 Per RSF/Sale Valuation: 240K | $303/RSF/Equity Multiple : 1.210x/ Profit : 101.56% Rental Analysis: holding period 10 years Rentals run between $1,200 and $1,300, 1 year cap rate 10%, 10 year Sale Cap Rate : 12.24% This is an excellent investment. Anaysis of all figures available upon request.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/17/2024 |
|---|---|---|---|
| YEAR BUILT | 1923 | COMMUNITY | Calumet City |
| GARAGE SPACES | 1.0 | COUNTY | Cook |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Calumet City |
| BASEMENT | Full, Unfinished, Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 25X125 |
| PRIMARY ON MAIN | Yes |
| SEWER | Public Sewer, Other |
| TAXES | 7087.03 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Centered International Realty
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2024.