Unicorn Investor Alert 8.6 CAP with Owner Financing Opportunity Set in East Woodlawn Palatial Corner 3-bedroom 2 bath Penthouse Perched in a Private Tree Garden Bathed in Natural Light from Multiple Sides . Wide Expansive Intelligent Floor Plan Offers Formal Dining Room, Separate Family Room Equipped with Gas Fireplace, Gleaming Hardwood Floors, Designer Painted Doors and Trim, Fully Appointed Chefs Kitchen with Full Backsplash and Peninsula Bar Seating for 3. Substantial Super-Sized Primary Bedroom with Massive Walk-in Closet, Multiple Ceiling Fans, Mini Blinds Throughout, In Unit Full-size Front-Loading Washer and Dryer, Individual Gas Forced Air and Central Air Conditioning. HOA is not Warrantable at this Moment and If Bank Financed, will require NON-Warrantable Product. Unit is leased with AAA Tenant through 7-22-25 at 1820.00 per Month with Tenant responsible Utilities. Seller is willing to offer Owner Financing to Qualified Individuals with a Min Credit Score 715 non washed. Strong Employment History, Earnings and Live in Cook County. Must have a 20 down, 6.5 interest rate amortized over 30 years, 3-year balloon. Separate Application Process would apply if opted. For an investor: Based on 124, 000 purchase price @20 down (24, 800) at 6.5 interest Unit leased at 1820.00 /Annual 21, 840 (minus 5 perc vacancy) Annual Income 20, 478.00. Annual Expenses: Insurance 459.71, Taxes 1015.19, Regular Annual Assessments 7200, Repair and Maintenance 450.00 =Total Expenses 9724.90/ NOI : 10, 753.10 = 8.6 CAP For an Eventual User/Owner Occupant Monthly P & I plus 1/12 of actual expenses 1254.02 plus utilities per month. See broker private remarks for strict showing instructions.

Property Details

PRICE
$124,900
BEDROOMS
3
BATHROOMS
2
SQFT
N/A
YEAR BUILT
N/A
PARKING SPOTS
N/A
MLS #
12173410
FULL ADDRESS
1430 1430 69TH Street 4S
CITY
Chicago, IL
ZIP
60637

Listing Details

Listing Office
North Clybourn Group, Inc.
Listing Agent
Karen Biazar
Contact
773-252-0600
Last Data Update
2024-12-22T12:52:34Z

Interior

BATHROOMS
2 Full Bathrooms

Schools

School District
299
Elementary School
Wadsworth Elementary School
High School
Hyde Park Career Academy Senior

Other important details

HOA FEE
650
HOA FREQUENCY
Monthly
HOA INCLUDES
Water
TAX YEAR
2022
TAXES
1850.91

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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