Owner
$162,091
9588 TERRACE PL # 211K, DES PLAINES, IL
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
5
baths
0
sq. ft.
900
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Living Area
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1966
Building Size
900 sq ft
Lot Size
19,056 sq ft
Lot Size (Acres)
0.44 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
09-15-212-067-1022
County
Cook County, IL
Metro Area
Chicago-Naperville-Elgin, IL-IN
Zoning
—
Neighborhood/Subdivision
MORRIS SUSONS GOLF PARK TERRAC
Lot Number
69
School District
East Maine School District 63
Legal Description
PART OF LOTS 69 TO 74 IN MORRIS SUS ONS GOLF PARK TERRACE UNIT 5 PART OF NW4 NE4 OF SEC15 T41N R12E 3P
Tax & Value Information
Market Value (Total)
$129,560
Building Value
$123,620
Land Value
$5,940
Annual Property Tax
—
Tax Assessment Year
2022
Assessed Value
$12,956
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
7/8/2019
Recording Date
8/12/2019
Sales Document #
2019.13135
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$6,272
Return on Investment
15.60%
After Repair Value
$178,300
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$145,882
Renovation Cost
$8,105
Closing Costs (buying)
$2,918
Holding Costs
$4,426
Selling Costs
$10,698
Total Investment
$40,199
After Repair Value (ARV)
$178,300
Total Costs
$172,028
Estimated Profit
$6,272
Cash Invested
$37,281
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area