W Wilson Ave & N Kedzie Ave, Chicago, IL 60625, USA
Sold, Sold 2016 - 2-4 Unit
  • Sale Price :$675,000
  • Gross Rents:$5,300
  • Cash Flow ( 20% Down Loan ):$1,217
  • Net Rents ( Less Expenses ):$3,917
  • Cap Rate: 6.96%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $390
  • Cash on Cash ( Low Money Down Loan): 13.87%
  • Cash on Cash ( 20% Down Loan ): 10.82%

K & J owned a condo in the south loop and wanted to sell it to take advantage of a low money down property.  We looked at quite a few properties before finding this very large legal three flat that was newly updated and close to transit.  They listed their condo as soon as we went under contract, but it wasn’t selling as quickly as we hoped.  Luckily the seller needed more time to find another place so we pushed the closing till both parties were ready.

“Brie helped me find and purchase my first investment property – a three-flat on the north side of Chicago. She is responsive, determined, and very knowledgeable. Brie is an investor herself, so she knows exactly what investors are looking for, and she knows where investors should be looking in Chicago. She takes a data-driven approach to evaluating properties, which I found immensely helpful as a first-time investor. Simply put, I cannot recommend her enough to someone interested in purchasing a multi-family investment property in Chicago.”

Property Map

Similar Properties

Leave a Reply