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$385,000

For Sale - Active
606 S 2nd Ave, Maywood, IL 60153
3 Beds
3 Baths
2,000 Square Feet
0.00 Acres Lot
Built in 1918
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jun 04, 2025 at 12:59AM

Investment Summary


Monthly Cash Flow
$20
Cap Rate
6.4%
Cash-on-Cash Return
0.3%
Debt Coverage Ratio
1.01
Internal Rate of Return (5 years)
4.3%

Property Description


0.00 Acres Lot
Built in 1918
For Sale - Active
Units n/a

Wow! **** TAKE A 3D TOUR, CLICK ON THE 3D BUTTON AND ENJOY**** Stunning home! 2 Story! Open layout, 3 huge bedrooms, 2.5 baths, with living room, dining room, and beautiful open concept kitchen with High End Appliances, Quartz Counter Tops and Peninsula Seating. Hardwood Flooring ! YOU CAN'T BEAT IT!! EXCELLENT LOCATION IS CLOSE TO ALL -walk to PARKS, SCHOOL, Throughout, Private Drive with 2.5 car Garage, Two Tier Deck, Great Private Back Yard, Lovely Front Porch and Finish Walk Out Basement. Newer Roof and HVAC.and more !!! Priced to Sell!! YOU'RE GOING TO LOVE IT!

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Location


Property Details


Parking

  • Description: Oversized
  • Details: Garage Door Opener, On Site, Detached, Oversized, Garage
  • Garage Spaces: 2
  • Spaces Total: 10

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

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

Interior Features

  • # of Rooms: 7
  • # of Stories: 2
  • Attic: Yes
  • Basement: Yes
  • Basement Description: Finished, Full, Walk-Out Access
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco

Land Information

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

Lot Information

  • Parcel ID: 1511338011
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1918

Tax Information

  • Annual Tax: $4,423

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Location

  • County: Cook

Listing Details


Listed by:
Gregorio Cirone
xr realty
(773) 234-8155

Source:
Midwest Real Estate Data (MRED)
MLS#: 12382412
Midwest Real Estate Data (MRED)

Investment Summary


Monthly Cash Flow
$20
Cap Rate
6.4%
Cash-on-Cash Return
0.3%
Debt Coverage Ratio
1.01
Internal Rate of Return (5 years)
4.3%

Purchase Details

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Purchase price:
$385,000
Amount financed:
-$308,000
Down payment:
$77,000
Closing costs:
$11,550
Rehab costs:
$0
Initial cash invested:
$88,550
Square feet:
2,000
Cost per square foot:
$193
Monthly rent per square foot:
$1.75

Financing Details

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Loan amount:
$308,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.890%
Principal & interest:
$2,026
Property tax:
$369
Insurance:
$245
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,640

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,500 $42,000
Vacancy loss: (6%)
6% -$210 -$2,520
Operating income:
$3,290 $39,480

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$369-$4,423
Insurance: (7%)
7%-$245-$2,940
Property management: (8%)
8%-$280-$3,360
Repairs & maintenance: (5%)
5%-$175-$2,100
Capital expenditures: (5%)
5%-$175-$2,100
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (36%)
36%-$1,244-$14,923

Cash Flow


Monthly Yearly
Net operating income:
$2,046 $24,552
Mortgage payments:
-$2,026 -$24,312
Cash flow:
$20 $240