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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.
Address |
1430 E 69TH
Unit# 4S Chicago, IL 60637 |
Listing Status | Active |
Asking Price | $124,900 |
Original Listing | $124,900 @ |
Property Type | Condo |
Asssessment | $650 |
Square Footage | Not Disclosed |
Bedrooms | 3 |
Full Bathrooms | 2 |
Directions | DANTE TO 69TH STREET, PROPERTY ON CORNER OF 69TH & DANTE |
Neighborhood | South Shore |
School District | Not Listed |
County | Cook |
Tax PIN | 20234060351007 |
Property Tax | $1,851 for the year 2022 |
Year Built | N/A |
Laundry Location | In Unit |
Elevator | Not Listed |
Cooling | Central Air |
Heating | Forced Air |
Sewer/Septic | Public Sewer |
Fireplaces | Gas Starter (1) |
Interior Features | Hardwood Floors, Storage |
Additional Parcels | No |
Appliances | Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer |
Association Fee Frequency | Monthly |
Basement | Full |
Electric | Circuit Breakers |
Foundation Details | Brick/Mortar |
High School District | 299 |
Living Area Source | Not Reported |
Lot Features | Corner Lot |
New Construction | No |
Platform | MRED |
AOR | |
MLS Number | MRD12195470 |
Courtesy of | North Clybourn Group, Inc. |
https://www.chicagotopcondos.com/MRD12195470
Style | Attached Single |
Material | Not Listed |
Lot Size | COMMON |
Fencing | Not Listed |
Topography | Not Listed |
Roof | Other |
Swimming Pool | Not Listed |
Parking |
Total Spaces: 0
Garage Spaces:
Non-Garage Spaces:
0 -
|
View | Not Listed |