Natalie Luchsinger
Description
Zoning: R3 INVESTMENT OPPORTUNITY | 4-UNIT MULTI-FAMILY Strong cash flow investment! 4-unit, 8-bedroom property offering an excellent cap rate potential at $365,999. It will need some renovations, but the units can generate immediate revenue-perfect for investor-operators seeking strong returns. - Currently: 4 separate rental units for diversified income, - Solid building structure ready for improvements - Revenue during renovation phases with occupied units - R3 zoning, excellent location near Lake Michigan All measurements approximate. Verify details during due diligence.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Lake
Listed By:
Real People Realty
815-469-7449
MRED MLS
MLS ID: 12703848
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1309 Jackson Street, North Chicago, IL 60064.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $365,999 | $365,999 | $365,999 |
| Down Payment | $73,200 | $12,810 | $91,500 |
| Monthly Mortgage Amount | $2,022 | $2,421 | $2,410 |
| Taxes | $509 | $509 | $509 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $161 | $0 |
| Monthly Estimated Total | $2,638 | $3,198 | $3,026 |
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