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$1,600,000

For Sale - Active
14930 W Wadsworth Rd, Wadsworth, IL 60083
5 Beds
6 Baths
4,308 Square Feet
0.00 Acres Lot
Built in 1972
For Sale - Active
Units n/a
Checked: 4 minutes ago
Updated: Aug 25, 2025 at 10:05AM

Investment Summary


Monthly Cash Flow
-$5,375
Cap Rate
1.6%
Cash-on-Cash Return
-17.5%
Debt Coverage Ratio
0.29
Internal Rate of Return (5 years)
-12.9%

Property Description


0.00 Acres Lot
Built in 1972
For Sale - Active
Units n/a

This property is not currently listed for sale or rent on BiggerPockets. The details below may have been provided by the owner, a third party, or public records.

Located at 14930 W Wadsworth Rd, Wadsworth, IL (ZIP code 60083) this single family residence features 5 bedrooms, 6 bathrooms and approximately 4,308 square feet of living space. The property was built in 1972.

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Location


Property Details


Parking

  • Description: Garage
  • Details: Asphalt, Garage Door Opener, On Site, Attached, Garage
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 5
  • # of Baths (Partial): 1
  • # of Baths (Total): 6.0

Interior Features

  • # of Rooms: 14
  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Sump Pump, Partially Finished, Full
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick
  • Foundation: Concrete Perimeter
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Rural/Agricultural

Lot Information

  • Parcel ID: 0326300006
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1972

Tax Information

  • Annual Tax: $24,973

Utilities

  • Water & Sewer: Well
  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Lake

Listing Details


Listed by:
John Steele
RE/MAX Plaza
(847) 596-6813

Source:
Midwest Real Estate Data (MRED)
MLS#: 12302227
Midwest Real Estate Data (MRED)

Investment Summary


Monthly Cash Flow
-$5,375
Cap Rate
1.6%
Cash-on-Cash Return
-17.5%
Debt Coverage Ratio
0.29
Internal Rate of Return (5 years)
-12.9%

Purchase Details

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Purchase price:
$1,600,000
Amount financed:
-$1,280,000
Down payment:
$320,000
Closing costs:
$48,000
Rehab costs:
$0
Initial cash invested:
$368,000
Square feet:
4,308
Cost per square foot:
$371
Monthly rent per square foot:
$1.44

Financing Details

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Loan amount:
$1,280,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$7,572
Property tax:
$2,081
Insurance:
$434
Private mortgage insurance (PMI):
$0
Monthly payment:
$10,087

Operating Income

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% Rent Monthly Yearly
Gross rent:
$6,200 $74,400
Vacancy loss: (6%)
6% -$372 -$4,464
Operating income:
$5,828 $69,936

Operating Expenses


% Rent Monthly Yearly
Property taxes: (34%)
34%-$2,081-$24,973
Insurance: (7%)
7%-$434-$5,208
Property management: (8%)
8%-$496-$5,952
Repairs & maintenance: (5%)
5%-$310-$3,720
Capital expenditures: (5%)
5%-$310-$3,720
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (59%)
59%-$3,631-$43,573

Cash Flow


Monthly Yearly
Net operating income:
$2,197 $26,364
Mortgage payments:
-$7,572 -$90,864
Cash flow:
$5,375 $64,500