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SUBTO FOR SALE
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**Property Details:**
β π‘ Address: Chicago, IL, 60629
β ποΈ Bedrooms/Bathrooms: 12/6
β π Square Footage: 3,125 sq ft lot
β Occupancy: VACANT AT CLOSING
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**Purchase Details:**
β π° Purchase Price: $324,007.86
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**Mortgage Information:**
β π Underlying 1st Mortgage: $324,007.86
β πΉ Interest Rate: 4%
β πΈ PITI: $2,879.14
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**Transaction Breakdown:**
β π³ Entry Fee: $28,100.19 + Closing costs
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**Exit Strategy Breakdown**
β Long term rental(Rentcast.io/Apartments.com): ($1,200/mo)
β Midterm rental(https://www.furnishedfinder.com/): ($1,250/mo/rmx3rm=$3,750) ($3,750/mo/unit x4 units=$15,000)
**Earnest Money Deposit (EMD):**
β πΌ $5,000
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ACCESS: APPOINTMENT
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Link to Pictures: https://drive.google.com/drive/folders/1k0kdcg96I2Mtvkea5QKt8CW_y8F1kN6J?usp=sharing
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NEXT STEPS: πΊοΈ
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For more information and to schedule a viewing, please contact:
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Note 1: All financials and property details should be independently verified by the buyer.
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Note 2: The seller either holds ownership or has a valid equitable interest in the properties being marketed.
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Note 3: Buyers are responsible for their due diligence. The seller bases all information on data from the Multiple Listing Service (MLS), the County Assessorβs Office, and the Property Tax Office.
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This information pertains to property attributes such as dimensions, land area, construction year, number of rooms, materials used, zoning, allowed and disallowed uses, parking features, and other relevant details. The buyer recognizes and agrees that the seller offers no warranties or representations about the propertyβs current or future condition.
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The buyer acknowledges having independently verified this information and decides to purchase the property based on their findings. The buyer expressly understands that the property is being sold βas is, where is.β