Owner
$25,942
1801 S MICHIGAN AVE # P-53, CHICAGO, IL
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
0
baths
0
sq. ft.
0
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Garage
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1901
Building Size
0 sq ft
Lot Size
17,696 sq ft
Lot Size (Acres)
0.41 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)
17-22-307-057-1106
County
Cook County, IL
Metro Area
Chicago-Naperville-Elgin, IL-IN
Zoning
DX-5
Neighborhood/Subdivision
18TH STREET LOFTS CONDO
Lot Number
—
School District
Chicago Public School District 299
Legal Description
—
Tax & Value Information
Market Value (Total)
$13,620
Building Value
$10,360
Land Value
$3,260
Annual Property Tax
—
Tax Assessment Year
2022
Assessed Value
$1,362
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
5/2/2019
Recording Date
5/8/2019
Sales Document #
2019.8079
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
$1,004
Return on Investment
15.60%
After Repair Value
$28,536
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
$23,348
Renovation Cost
$1,297
Closing Costs (buying)
$467
Holding Costs
$708
Selling Costs
$1,712
Total Investment
$6,434
After Repair Value (ARV)
$28,536
Total Costs
$27,532
Estimated Profit
$1,004
Cash Invested
$5,967
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