127 W 111th Place, Chicago, IL 60628

$150,000 Asking Price

3 beds
2 baths
1,394  sqft
Built in 1895

Beautiful opportunity for a ready-to-go 3 bed, 2 bath investment property. Nicely updated home in good condition close to the 111th St. Metra Station. Rent is market price and expenses are low leaving your ROI very high. Property has 3 bedrooms, 2 bathrooms. Tenant has lease through 10/31/24 at $1650 per mo + they pay for water/trash reimbursement of approx $134 per mo. Management company will stay in place at 8.33% of rent for you to get a true plug and play investment with a return of around 10% or manage yourself for a higher return. S This is a money making machine!


Features & Amenities

Interior

General:
Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath
Rooms:
No additional rooms
Appliances:
Range, Refrigerator
Dining:
Separate
Basement:
Full
A/C:
Window/Wall Units - 2, None
Heating:
Natural Gas, Forced Air
Disability Feature:
None

Exterior

General:
Frame, Porch
Style:
Cape Cod
Parking:
Parking spaces: 0

Construction

Roofing:
Asphalt
General:
1.5 Story, Block, Concrete Perimeter

Location

HOA Amenities:
0.0, Not Applicable
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
25212020080000

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2.5%-$250

This listing courtesy of:
Keller Williams ONEChicago, Eric Marcus

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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