Owner
$417,108
2748 W JEROME ST, CHICAGO, IL
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
1
sq. ft.
1,283
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Average Condition
Living Area
None
1 Story
Unfinished Basement
Yes
Masonry
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1956
Building Size
1,283 sq ft
Lot Size
3,875 sq ft
Lot Size (Acres)
0.09 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)
10-25-400-045-0000
County
Cook County, IL
Metro Area
Chicago-Naperville-Elgin, IL-IN
Zoning
RS-2
Neighborhood/Subdivision
MEISTER & NEIBERGS JEROME
Lot Number
23-27
School District
Chicago Public School District 299
Legal Description
(MEISTER) & (NEIBERGS)(JEROME) ST ADD RESUB LTS 23-27 IN OLIVER SALINGER & COS THIRD HOWARD ST ADD TO ROGERS PARK SUB OF N 8A
Tax & Value Information
Market Value (Total)
$270,000
Building Value
$192,500
Land Value
$77,500
Annual Property Tax
—
Tax Assessment Year
2022
Assessed Value
$27,000
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
10/7/2020
Recording Date
11/10/2020
Sales Document #
2020.38124
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
$16,140
Return on Investment
15.60%
After Repair Value
$458,819
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
$375,397
Renovation Cost
$20,855
Closing Costs (buying)
$7,508
Holding Costs
$11,389
Selling Costs
$27,529
Total Investment
$103,443
After Repair Value (ARV)
$458,819
Total Costs
$442,679
Estimated Profit
$16,140
Cash Invested
$95,935
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