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A.J. D'Asaro
  • Investor
  • Chicago, IL
40
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48
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Turnkey 4-unit in Good Neighborhood 6.7% CAP

A.J. D'Asaro
  • Investor
  • Chicago, IL
Posted Nov 29 2018, 11:06

Turnkey fully rented property in Irving Park neighborhood of Chicago, 1 block away from grocery and 3 blocks from public transit. In a safe and rapidly developing area. Oversized lot great for future development. Extras- Detached 3-car garage rents for $365 a month, and a coin laundry provides $100 month on average.

Buy direct from me and save $11,000 on the purchase price.

I can provide property management or you can use your own management company.

Brokers out there I am paying buyer's commission if you bring a buyer (do not solicit me for any other reason).

Numbers-

Property Price Downpayment Annual Rents Taxes (2018) Insurance Utilities Management Fixed Costs Repair Estimate Cap Rate
4210 N Kilpatrick Ave $ 555,000 $ 138,750 $ 58,680.00 $ 8,679.16 $1,100 $ 2,000.00 $ 4,694.40 $ 16,473.56 $5,000.00 6.7%
Offering

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