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Do the math... 20% ROI (continue reading to the end for additional financial analysis). Ideal property for live-in owner or investor to get a great deal on this Wrigleyville 3-flat featuring a massive duplex up (4) bedroom (2) bathroom unit. Don't miss this opportunity to acquire a prime income-producing property at historically low-interest rates in Iconic Wrigleyville location. Many recent updates including a new roof! Three tandem (fits 6 cars) parking spaces. Annual income of $85,020 with expenses of only $60,240/year (expenses assumptions: Annual property taxes $14,642, insurance $2,300 annually, mortgage payment $43,307 annually or $3,609/month (20% down payment, 3% interest rate, 30-year term)). 20% ROI analysis... Annual cash flow $24,780 + year one principal paydown of $17,872 = year one total return of $42,652... 20% ROI on 20% down payment ($214,000).

Property Details of 3418 North Seminary Avenue

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Listed by Steven Rapoport of Chicago Real Estate Resources

Based on information submitted to MRED  as of March 7, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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