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$ 200,000
Est. payment | /mo
5 Beds
2 Baths
1,500 SqFt
$ 200,000
Est. payment | /mo
5 Beds
2 Baths
1,500 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $133
MLS Listing ID 12221010
Style Bungalow
Bedrooms 5
Full Baths 2
Year Built 1912
Annual Tax Amount $5,034
Tax Year 2022
Lot Dimensions 50X150
Property Description
Investor friendly turnkey rental property! Being sold as part of a portfolio for an asking price of 1.2 million Properties included in the portfolio: 3613 Coventry Ct Hazel Crest IL 60429 435 E 157th Place South Holland IL 60473 16054 Cottage Grove House South Holland IL 60473 16918 Annetta Hazel Crest IL 60429 17051 Shea Avenue Hazel Crest IL 60429 17226 Fisk East Hazel Crest IL 60429 Reach out directly to Matt to schedule showings This property is part of a larger investment portfolio and is currently fully occupied with subsidized rents. Buyers have the flexibility to continue leasing or terminate the leases to occupy the home themselves. Recent updates include a newer roof, updated windows, renovated bathrooms, and refinished hardwood floors. The property generates a current net income of over 17,000 annually, with the potential to exceed 31,000 by maximizing the bedrooms under the voucher program. This is an excellent opportunity with significant investment upside, with strong income-generating potential.
Location
State IL
County Cook
Area South Holland
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Parking Features Attached
Garage Spaces 2.0
Community Features Park
Building
Dwelling Type Detached Single
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 154 , 154, 205
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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Listed by Shahab Siddique • Realty One Group Ethos
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Mike Machlet
Partner