Natalie Luchsinger
Description
Welcome to this bright and move-in-ready first-floor 2-bedroom, 1-bath condo in Schiller Park, offering a comfortable layout and an excellent opportunity for both owner-occupants and investors. The unit features hardwood floors, abundant natural light, recessed lighting, generously sized bedrooms, and a spacious living area. The kitchen offers ample cabinetry and counter space, while in-unit laundry adds everyday convenience. The unit also includes two assigned parking spaces. Investors will appreciate the property's rental-friendly association with no rental restrictions. The condo is currently occupied by a long-term tenant with a lease in place through the end of June 2027, providing immediate rental income and a true turn-key investment opportunity. Current rent is below prevailing market levels, offering potential for increased rental income upon lease renewal, subject to applicable laws and lease terms. Conveniently located near parks, Metra transportation, major highways, schools, shopping, dining, entertainment, and everyday amenities. A well-maintained first-floor condo offering flexibility, convenience, and long-term investment potential.
Property Highlights
Property Type: Residential - Condominium
Total Living Area SF: 700
Built in 1970
Elementary School: John F Kennedy Elementary School
High School: East Leyden High School
Middle School: Lincoln Middle School
Brick Exterior
General Information
Bedrooms: 2
Bathrooms: 1
Sqft: 700
County: Cook
High School: East Leyden High School
Listed By:
HomeSmart Connect LLC
847-495-5000
MRED MLS
MLS ID: 12767456
Room Information
Bedroom 2: 11X11
Kitchen: 12X11
Living Room: 16X13
Primary Bedroom: 14X13
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3818 Ruby Street, Unit 1E, Schiller Park, IL 60176.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $185,000 | $185,000 | $185,000 |
| Down Payment | $37,000 | $6,475 | $46,250 |
| Monthly Mortgage Amount | $1,022 | $1,224 | $1,218 |
| Taxes | $257 | $257 | $257 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $81 | $0 |
| Monthly Estimated Total | $1,379 | $1,662 | $1,575 |
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