Amber Bruce
Description
TURNKEY CASH-FLOW MACHINE: INVESTOR OR OWNER-OCCUPANT DREAM IN PRIME SUMMIT! Stop fighting heavy renovation costs and add an immediate, stabilized performer to your portfolio. Units are occupied with steady tenants on active leases generating day-one cash flow. One unit can be delivered VACANT at the end of June. This is a massive advantage: perfect for an owner-occupant looking to house hack (live in one, let the others tenant cover the mortgage), or for an investor ready to instantly place a new tenant at top-of-market rent to maximize the Cap Rate. Coin-operated Washer and Dryer for extra income. Solid, low-maintenance brick structure situated in a high-demand rental market. Excellent location with unbeatable access to I-55, public transit, and major employment hubs. The property is being sold strictly AS-IS. DO NOT DISTURB THE TENANTS to respect their privacy. ONLY PRE-APPROVED BUYERS PER SELLER, THEN SHOWINGS WILL BE SCHEDULED. This is a HOT rental area and rents can easily be pushed higher. Drive by the exterior, run the numbers, and submit your best offer. (Note: Broker Owned - Listing Agent).
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 7
Bathrooms: 4
County: Cook
Listed By:
Kale Realty
312-939-5253
MRED MLS
MLS ID: 12646890
Shown By
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5330 S 73rd Court, Summit, IL 60501.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $575,000 | $575,000 | $575,000 |
| Down Payment | $115,000 | $20,125 | $143,750 |
| Monthly Mortgage Amount | $2,795 | $3,430 | $3,552 |
| Taxes | $800 | $800 | $800 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $253 | $0 |
| Monthly Estimated Total | $3,763 | $4,651 | $4,520 |
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