N Laramie Ave & W Addison St, Chicago, IL 60641, USA
Sold, Sold 2015 - 2-4 Unit
  • Sale Price :$359,000
  • Gross Rents:$3,400
  • Cash Flow ( 20% Down Loan ):$847
  • Net Rents ( Less Expenses ):$2,283
  • Cap Rate: 7.63%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $407
  • Cash on Cash ( Low Money Down Loan): 27.20%
  • Cash on Cash ( 20% Down Loan ): 14.15%

I started working with R & J and they had a condo to sell before buying an investment property.  We sold the condo and had a slow winter with low inventory, so they had to move in with their parents until we found a place.  We were very patient and finally found the right property a few months later.  The two flat with a garden had an updated owners unit and tenants in place for the other two units.  Both tenants stayed and renewed their leases making it an easy takeover.

“My wife and I have really enjoyed working with Brie over the last 2 years. We’ve bought 2 properties and sold 1 with Brie in this time. Brie is incredibly knowledgeable, respectful and courteous with all of her clients. The thing that sets Brie apart from other Realtors is her ability to lay out all the details in front of you without without pressuring you into a property that may not be a good fit. My wife and I are very excited to continue working with Brie in the near future and would recommend her to anyone who is looking to purchase a property.”

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