$110,000 Price Analysis 316 W 116th StChicago, IL 60628 3 bed 2 bath 1,200 SqFt ($91/SqFt) 3,123SqFt lot. Built 1968 Listed 2024-05-15, Taxes $806 | Ⓧ USDA Ineligible due to location near Chicago |
1.5 ba th investment property. Home in good condition with long-term tenant close to the 111th St. Metra Station. Rent is market price and expenses are low leaving your ROI high. Tenant has lease through 10/31/24 at $1450 per mo + they pay for water/trash reimbursement.
Management company will stay in place for you to get a true plug and play investment with a return of around 10% or manage yourself for a hgher return. This is a money making machine!
Presented by Eric Marcus, Realtor at
Keller Williams ONEChicago.
Property MLS #12036772 from MRED
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $2,750 + $1,250 $4,000 | $806 |
2020 | $4,309 + $1,718 $6,027 | $1,345 |
2019 | $4,906 + $1,718 $6,624 | $1,334 |
2018 | $4,906 + $1,718 $6,624 | $1,311 |
2017 | $7,296 + $1,562 $8,858 | $1,911 |
2016 | $7,296 + $1,562 $8,858 | $1,778 |
2015 | $7,296 + $1,562 $8,858 | $1,627 |
2014 | $5,933 + $1,406 $7,339 | $1,365 |
2013 | $5,933 + $1,406 $7,339 | $1,337 |
2012 | $5,933 + $1,406 $7,339 | $1,319 |
2011 | $8,773 + $1,875 $10,648 | $1,729 |
2010 | $8,773 + $1,875 $10,648 | $1,736 |
2009 | $8,773 + $1,875 $10,648 | $1,663 |
2007 | $10,206 + $2,374 $12,580 | $1,788 |
2006 | $10,206 + $2,374 $12,580 | $1,027 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.