Great Price for Rental Property! 10%+ Cap Rate! Address: 1120 N Taft Ave, Berkeley, IL 60163 PURCHASE PRICE: $125,000 For Pictures, go to this link: Property Type: Single Family, 1.5 Story, Brick Exterior Bedrooms: 3 Bathrooms: 1.5 Garage: 2 Car Detached Living Sqft: 1170 Lot Size: 6700 Year Built: 1956 Basement: None, Huge Crawl Space Well kept brick cape cod - eat in kitchen with all appliances - 4th bedrm could be created by converting family rm or dining rm - much storage thru out - all window trts - 2.5 car garage w/ walk up attic storage - taxes reflect senior freeze - property sold as is - walking distance to train, central air Buy & Hold #'s (based on converting to 4 bedroom) Taxes: $5,788 Repairs Estimate: $15,000 Rent Amount: $2,000 Annual Income: $15,000 Annual Expenses: $8,988 Projected Profit: $15,012 Projected Cap Rate: 10% Comparables: 5639 Mcdermott Dr, BERKELEY, IL 60163. Sold 12/19/14, $162,500. 1058sqft. (.2 mi) 5706 W Hawthorne Ave, BERKELEY, IL 60163. $164,900. 1260sqft. (.5 mi) 1232 HOWARD Ave, BERKELEY, IL 60163. $144,500. 870sqft. (.3 mi) 1237 HOWARD Ave, BERKELEY, IL 60163. Sold 9/19/14. $143,000. 870sqft. (.2 mi) 5619 Bohlander Ave, BERKELEY, IL 60163. Sold 4/17/15. $209,900. 1353sqft. (.5 mi) Earnest Money Deposit: $2000 Buyer responsible for survey, inspections, escrows, transfer stamps (if applicable). Sold as is, no survey. Proof of funds or pre-approval required with all offers and for viewing. Please do your own due diligence. Deposit Required. If you are interested, make an offer or feel free to contact us with any questions. Do you know someone that would buy this deal please forward this email we do compensate for referrals! *DISCLAIMER: This information is deemed reliable but is not guaranteed.
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