12127 S Wallace Street, Chicago, IL 60628

$150,000 Asking Price

3 beds
2 baths
1,440  sqft

Great opportunity for investment property. Rent is high and expenses are low leaving your ROI very high. Property has 3 bedrooms, 1.5 bathrooms and 2-car garage. Tenant has lease through 3/31/2025 at $1700 per mo + they pay for water/trash reimbursement of approx $140 per mo. Management company will stay in place at 8.33% of rent for you to get a true plug and play investment returning in excess of 10%. Recent updates include Roof (2018), Furnace (2018) Water Heater (2020), Electrical Panel (2018)


Features & Amenities

Interior

Rooms:
No additional rooms
Appliances:
Range, Refrigerator
Basement:
Full
A/C:
None
Heating:
Natural Gas, Forced Air
Disability Feature:
None

Exterior

General:
Aluminum Siding,Vinyl Siding,Other
Style:
Traditional
Parking:
Garage, Parking spaces: 2

Construction

Roofing:
Asphalt
General:
2 Stories

Location

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

Lot

Zoning:
25281200110000

Utilities

Utilities:
Circuit Breakers
Water:
Public
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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