2 Turnkey Properties, Chicago, Out of State Investors Only

[Evan Thoma]

Bigger Pockets,

Today we're offering 2 turnkey, recently rehabbed, properties on the South side of Chicago. The seller is only looking for Out of State investors/landlords in order to not disturb the current tenants. We're selling this property because even though they're good investments, turnkey properties are not what we focus on. 

#1: 9935 S Crandon

Fair Market Value: $105,000

Asking: $90,000

Monthly Rent: $1,375

Cap Rate: 9.3%

Monthly Cash Flow: $385.5

Cash on Cash Return: 17.46%

#2: 10782 S Peoria

Fair Market Value: $150,000

Asking: $130,000

Monthly Rent: $1,550

Cap Rate: 8.0%

Monthly Cashflow: $390.48

Cash on Cash Return: 12.84%

If you buy both properties I'm sure we can work something out to save you some cash. 

Feel free to email any questions to [email protected]