2 Bedroom

2 Full Bath

1300 SF approx

2nd Floor Entry

2 Levels

Balcony

AC

Washer/Dryer

Dishwasher

Master walk in closet

1 Parking Space


Last Lease $1200/mo

No rehab necessary

HOA pays water/gas

Tenant pays Electric

Purchase: $81,000

Rent: $1200 / mo

Tenant been in unit 3 years

Tenant will sign 1 or 2 year lease


HOA: $165 / mo

Tax: $204 / m

Insurance: $30 / mo


Cap Rate: 11.85%








Recently sold comps within three blocks: 9850 S. Nottingham #2O1 -  2/1 .1  -  1150 sf sold 6/16/17 - $97,000
                                                                   9829 S. Nottingham #6  - 2/2  -  1150 sf sold 10/20/15 - $99,900
                                                                   9654 S. Nottingham #1C - 2/2 - 1150 sf sold 1/14l16 - $97,500

A credit union bought the condo in foreclosure with clear title.  It is being sold "as is".  The credit union is eager to close quickly.

Autumn Ltd will assign the contract upon deposit of $9000.00 into escrow to cover earnest payment
and assignment fee to be held contingent to closing.  Buyer assumes all closing costs.

9830 South Sayer, Unit 7, Chicago Ridge, IL 60415

Properties​
Autumn