Veterans United Realty
17 Photos

1430 E 69TH Street 4S, Chicago, IL 60637

$124,900 Asking Price

3 beds
2 baths

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.


Listing Status:
Active
Date Added:
September 25, 2024 — 3 days ago
Listing Office:
North Clybourn Group, Inc., Karen Biazar (773-645-7900)
Office Phone:
773-645-7900
MLS ID:
12173410

Features & Amenities

Interior

General:
Hardwood Floors, Storage
Rooms:
Foyer
Master Bath:
Soaking Tub
Appliances:
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Dining:
Separate
Laundry:
In Unit
Basement:
Full
A/C:
Central Air
Heating:
Forced Air
Fireplace:
Gas Starter, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Brick
Parking:
Parking spaces: 0

Construction

Roofing:
Other
General:
Brick/Mortar

Location

HOA Amenities:
Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other, 650.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
20234060351007

Utilities

Utilities:
Circuit Breakers
Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
North Clybourn Group, Inc., Karen Biazar

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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