Description
Whether you're a seasoned investor or purchasing your first rental property, 1020 Park Lane is the opportunity you've been waiting for! This 3-bedroom, 1-bath single-family home is occupied by a long-term tenant who wishes to stay, providing immediate and reliable cash flow from day one. The tenant pays all utilities-including water and trash through the village-keeping your operating expenses low. The home is being sold as-is, making this a straightforward, hassle-free addition to any portfolio. Secure a property that's already generating income and positioned for long-term stability. Add this high-performing investment to your portfolio today!
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,113
Built in 1962
Elementary School: Medgar Evers Primary
High School: Bloom High School
Middle School: Cottage Grove Middle School
General Information
Bedrooms: 3
Bathrooms: 1
Sqft: 1,113
County: Cook
High School: Bloom High School
Listed By:
Coldwell Banker Realty
708-424-4000
MRED MLS
MLS ID: 12543844
Room Information
Other Room: 9X9
Bedroom 2: 9X13
Bedroom 3: 10X9
Dining Room: COMBO
Kitchen: 14X9
Living Room: 14X18
Primary Bedroom: 10X12
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1020 Park Avenue, Ford Heights, IL 60411.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $80,000 | $80,000 | $80,000 |
| Down Payment | $16,000 | $2,800 | $20,000 |
| Monthly Mortgage Amount | $379 | $471 | $490 |
| Taxes | $111 | $111 | $111 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $35 | $0 |
| Monthly Estimated Total | $590 | $717 | $701 |