1417 W Arthur Ave APT 1R, Chicago, IL, 60626 | $651/mo Cash Flow

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1417 W Arthur Ave APT 1R, Chicago, IL, 60626 | $651/mo Cash Flow | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chicago at 1417 W Arthur Ave APT 1R, Chicago, IL, 60626 uses $120,998 cash to close to unlock $7,809/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $3,182/mo, and a $1,786/mo payment keeps the spread at $651/mo. Purchase price stands at $365,000, and rental yield measures 10.46% with $3,182/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 138.43% and total cumulative return in cash records $167,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,182/mo property income covering a $1,786/mo payment rather than investor’s personal income.

Condo

Built in 1940

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1417-19 Arthur, a charming sunlit 3 Bedrooms/ 2 Bathrooms duplex down in the vibrant and historic Rogers Park. Freshly painted, it features hardwood floors, a true dining room, and breakfast bar, great for entertaining. Enjoy your coffee in the sun room or cozy up to the fireplace on chilly nights. In addition to the spacious floor plan, you can find plenty of storage, including extra space adjacent to the downstairs bedroom and bike storage in the common storage area, full size washer/dryer and an assigned parking spot. Walking distance to Lake Michigan, Loyola University, CTA & Metra. New HVAC replaced this past summer (2025) & newer washer/dryer (2019). Well managed and maintained building; recent work includes new roof, tuck-pointing, new security gates, new steps at entrance and a professional structural inspection.

Neighborhood Data

Neighborhood data shown for ZIP Code: 60626, Chicago, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,128 (100%)
Owner Occupied HU	6,719 (24.8%)
Renter Occupied HU	18,203 (67.1%)
Vacant Housing Units	2,206 ( 8.1%)
Median Home Value	$346,554
Average Home Value	$392,279