435 E 157th Place Active

South Holland,IL 60473

$ 200000

5 Beds

2 Baths

1500 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $133

MLS Listing ID 12221010

Style Bungalow

Bedrooms 5

Full Baths 2

Year Built 1912

Annual Tax Amount $5,034

Tax Year 2022

Lot Dimensions 50X150

Property Description

Investor friendly turnkey rental property! Being sold as part of a portfolio for an asking price of 1.2 million Properties included in the portfolio: 3613 Coventry Ct Hazel Crest IL 60429 435 E 157th Place South Holland IL 60473 16054 Cottage Grove House South Holland IL 60473 16918 Annetta Hazel Crest IL 60429 17051 Shea Avenue Hazel Crest IL 60429 17226 Fisk East Hazel Crest IL 60429 Reach out directly to Matt to schedule showings This property is part of a larger investment portfolio and is currently fully occupied with subsidized rents. Buyers have the flexibility to continue leasing or terminate the leases to occupy the home themselves. Recent updates include a newer roof, updated windows, renovated bathrooms, and refinished hardwood floors. The property generates a current net income of over 17,000 annually, with the potential to exceed 31,000 by maximizing the bedrooms under the voucher program. This is an excellent opportunity with significant investment upside, with strong income-generating potential.

Location

State IL

County Cook

Community Park

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Parking Features Attached

Garage Spaces 2.0

View Y/N true

Building

Story 2 Stories

Sewer Public Sewer

Water Lake Michigan,Public

New Construction false

Schools

School District 154,154,205

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

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