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$259,900

For Sale - Active
15019 Evers St, Dolton, IL 60419
3 Beds
3 Baths
2,265 Square Feet
0.00 Acres Lot
Built in 1961
For Sale - Active
Units n/a
Checked: 6 hours ago
Updated: Jun 27, 2025 at 03:00AM

Investment Summary


Monthly Cash Flow
-$602
Cap Rate
2.9%
Cash-on-Cash Return
-12.1%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-7.7%

Property Description


0.00 Acres Lot
Built in 1961
For Sale - Active
Units n/a

All of Your Dreams Have Come to Life-Welcome Home! Fall in love with this stunning custom home nestled in one of Dolton's most sought-after neighborhoods. Bursting with style and elegance, this property shows like a model home and offers an incredible layout ready for your finishing touches. The seller has already completed a substantial renovation, and the home is priced to reflect the opportunity to personalize a few remaining spaces. It's the perfect chance for a savvy buyer to step in and add their own flair while building instant equity. Whether you're an investor looking to profit or a homeowner wanting to create something special, this home is a money-maker in the making. Inside, you'll find 4 spacious bedrooms, 3 full baths, a cozy family room with a fireplace, and a stylish cocktail lounge ideal for entertaining. The formal dining room offers the perfect setting for gatherings, while the brick exterior, 2-car garage, and oversized side drive easily accommodate five or more vehicles. The lower level features a flexible layout that includes a home office or nanny's suite, recessed lighting, a luxurious spa bath, and new solid-core doors throughout. On one side, enjoy the warmth of a fireplace-on the other, transform the bonus space into a dream man cave or elevated lounge. This home delivers location, layout, and long-term potential. With just a few final touches, it's ready to shine as either your dream home or a profitable investment. This is a perfect 10-with upside built in. Come see it today and unlock the potential.

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Location


Property Details


Parking

  • Description: Garage
  • Details: On Site, Detached, Garage, Driveway
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Masonry
  • Foundation: Concrete Perimeter
  • Roof Material: Asphalt

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 2910402009
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1961

Tax Information

  • Annual Tax: $9,027

Utilities

  • Water & Sewer: Public
  • Heating: Natural Gas
  • Cooling: Central Air

Location

  • County: Cook

Listing Details


Listed by:
Monica Poland
RE/MAX 10 Lincoln Park
(773) 447-8918

Source:
Midwest Real Estate Data (MRED)
MLS#: 12387827
Midwest Real Estate Data (MRED)

Investment Summary


Monthly Cash Flow
-$602
Cap Rate
2.9%
Cash-on-Cash Return
-12.1%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-7.7%

Purchase Details

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Purchase price:
$259,900
Amount financed:
-$207,920
Down payment:
$51,980
Closing costs:
$7,797
Rehab costs:
$0
Initial cash invested:
$59,777
Square feet:
2,265
Cost per square foot:
$115
Monthly rent per square foot:
$0.88

Financing Details

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Loan amount:
$207,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,230
Property tax:
$752
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,122

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (38%)
38%-$752-$9,027
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (63%)
63%-$1,252-$15,027

Cash Flow


Monthly Yearly
Net operating income:
$628 $7,536
Mortgage payments:
-$1,230 -$14,760
Cash flow:
$602 $7,224