1324 Prairie CtWest ChicagoIL60185
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in West Chicago at 1324 Prairie Ct, West Chicago, IL, 60185 priced at $553,000 pairs $4,396/mo rent with $348/mo cash flow after a $2,707/mo payment. Total monthly income equals $4,396/mo, and annual cash flow comes to $4,172/yr on $181,937 invested. Return on cash invested is 22.35% in year one, and rental yield stands at 9.54% on a $553,000 basis. Equity gained on principal adds $3,568/yr, and 5% annual appreciation accumulates to $152,784 by year five. Five-year ROI measures 117.42% and total cumulative return in cash reaches $213,628. For financing, Ziffy Mortgage’s DSCR program evaluates $4,396/mo property income against a $2,707/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.25 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60185, West Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,468 (100%) |
| Owner Occupied HU | 8,127 (70.9%) |
| Renter Occupied HU | 2,617 (22.8%) |
| Vacant Housing Units | 724 ( 6.3%) |
| Median Home Value | $342,660 |
| Average Home Value | $378,860 |
Housing Distribution
Address Breakdown
Residential
10,918
Single Family
9,068
Multi-Family
1,850
Businesses
1,005
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Listed by: Dawn McKenna • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12362863
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)