$ 274,900
-
$274,900
Price -
4
Bed -
3
Bath -
2,800
SqFt
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About the Listing 87171 - 875055
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.
Listing Highlights
Status
Active
Days on Site
19
Property Type
Residential
MLS ®
12644423
Year Built
1975
Total Square Footage
2,800
Lot/Acreage
0.55
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Range, Dishwasher
- Air Cond: Central Air
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor: Hardwood,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 0.551
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Attached,Garage
Financial Details
- Tax Amount: $9,434
- Taxes w/Assessments: N/A
- Tax/Property ID: 29293050220000
- Tax Year: 2024
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Questions About..
17208 Loomis Ave East Hazel Crest, IL 60429
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