Delmar Yoder
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Turnkey investment opportunity in East Hazel Crest generating immediate cash flow with strong upside potential. This spacious 5-bedroom, 3-bathroom single-family home offers approximately 2,800 sq ft of living space, including a finished basement, and is currently tenant-occupied with Housing Choice Voucher assistance already in place. Current monthly rental income is $2,669, with verified potential to reach the HUD 5-bedroom rent standard of $3,200 per month upon tenant turnover. The property has been well maintained and features several major capital improvements, including comprehensive renovations completed in 2021 with a new furnace, additional basement bedroom, and added sump pump. Additional updates include new drain tiles installed in 2022 for enhanced water management and a new water heater installed in 2024. The functional layout, large bedroom count, and 3 full bathrooms make this property highly desirable for long-term tenant demand. Located in the South Suburbs with convenient access to major transportation corridors, employment centers, and local amenities, this property presents an excellent opportunity for investors seeking stable, government-backed rental income. Being sold as-is. Tenant occupied. Serious investors only.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 2,800
Garage Size: 2
Attached Garage
Built in 1975
School District: District 152.5
Brick Exterior
General Information
Bedrooms: 5
Bathrooms: 3
Sqft: 2,800
County: Cook
Listed By:
PIP Realty Group
773-233-2301
MRED MLS
MLS ID: 12644423
Room Information
Bedroom 5: 10X12
Bedroom 2: 11X13
Bedroom 3: 11X12
Bedroom 4: 10X12
Dining Room: 08X10
Family Room: 11X17
Kitchen: 14X13
Laundry: 8X8
Living Room: 10X26
Primary Bedroom: 15X15
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17208 Loomis Avenue, East Hazel Crest, IL 60429.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $274,900 | $274,900 | $274,900 |
| Down Payment | $54,980 | $9,622 | $68,725 |
| Monthly Mortgage Amount | $1,319 | $1,618 | $1,698 |
| Taxes | $383 | $383 | $383 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $121 | $0 |
| Monthly Estimated Total | $1,802 | $2,222 | $2,181 |
Delmar Yoder
REALTOR®
Cell: (319) 430-2711
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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