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Listed by Aquatoneice Percyof Coldwell Banker Realty
-
Est. payment | /mo
2 Beds
1 Bath
1,500 SqFt
-
Est. payment | /mo
2 Beds
1 Bath
1,500 SqFt
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
MLS Listing ID 12745090
Bedrooms 2
Full Baths 1
HOA Fees $593/mo
Annual Tax Amount $1,344
Tax Year 2024
Lot Dimensions 10868
Property Sub-Type Condo
Property Description
Excellent investment opportunity for investors seeking immediate rental income! This condo is currently in the process of being tenant occupied through the HUD Program which guarantees Market Value Rent, providing the investor with a reliable income stream from day one. The unit will generate $1,700 dollars per month in rental income. Stainless steel appliances will be installed in the kitchen enhancing the unit's appeal and value. Additional features include in-unit washer and dryer hookups, offering convenience for tenants and added marketability. With an existing tenant, guaranteed market-value rent, and desirable updates underway, this property offers a compelling opportunity for both new and experienced investors looking for a cash-flowing condo.
Location
State IL
County Cook
Rooms
Basement None
Interior
Heating Natural Gas
Cooling None
Fireplace N
Exterior
Community Features None
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
HOA Fee Include Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
Ownership Fee Simple
Special Listing Condition None
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