For Sale
$1,600,000

14619 Doctor M.l.k. Jr DrDolton, IL 60419

High-Yield Multifamily Investment

Overview

Added:
Feb 11
Days on market:
57
This exceptional investment opportunity presents a portfolio of ten income-producing single-family rental properties strategically located across Dolton, Calumet Park, Chicago, and Markham, Illinois. Priced at $1,600,000, this portfolio boasts a substantial net operating income (NOI) of $262,584. The properties offer a diverse mix of unit sizes and lease terms, including both one-year leases and month-to-month agreements, ensuring a stable and consistent cash flow. The portfolio includes properties with three and four bedrooms, and one and two bathrooms. Individual property ARV's range from $170,000 to $220,000, presenting significant potential for appreciation. The properties are currently generating a total monthly rental income of $21,882. This turnkey investment is ideal for both seasoned investors seeking diversification and those new to real estate looking for immediate cash flow and long-term value. The portfolio's location in high-demand areas of Cook County provides excellent rental potential and future appreciation. This is a rare opportunity to acquire a well-established, cash-flowing portfolio in a prime location. The properties are spread across multiple addresses in the specified cities, offering geographic diversification within the portfolio. This is a unique opportunity to acquire a substantial rental portfolio with immediate cash flow and significant upside potential. Serious inquiries are encouraged to explore this lucrative investment opportunity further.

Highlights

  • $1,600,000 asking price for a ten-property, single-family rental portfolio in the Chicago, IL metro area.
  • $262,584 Net Operating Income (NOI).
  • Portfolio includes properties located in Dolton, Calumet Park, Chicago, and Markham, Illinois.
  • Properties feature a mix of 3 and 4 bedroom units, with 1-2 bathrooms each.
  • Lease terms are a mix of 1-year leases and month-to-month tenancies.

Property Details for 14619 Doctor M.l.k. Jr Dr

Property type
Residential income homes

Location Insight

City
Dolton
County
Cook
State
Illinois
Latitude
41.6292102
Longitude
-87.6072367
14619 Doctor M.l.k. Jr Dr, Dolton, Illinois

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14619 Doctor M.l.k. Jr Dr
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