2300 Chestnut Ave UNIT 207GlenviewIL60026
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 2300 Chestnut Ave UNIT 207, Glenview, IL, 60026 in Glenview is a conservative rental investment at $549,000. Rental yield 6.2%. A 1.15 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $151,679; $5,056/yr in principal paydown supplements. Total projected return: $147,493.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 4.5% |
| Monthly Cash Flow | $(971) | $1,500 |
City averages based on Glenview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,837 |
| Total Monthly Debt Service | $3,590 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60026, Glenview Nas, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,768 (100%) |
| Owner Occupied HU | 4,012 (69.6%) |
| Renter Occupied HU | 1,278 (22.2%) |
| Vacant Housing Units | 478 ( 8.3%) |
| Median Home Value | $661,570 |
| Average Home Value | $709,507 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
4,260
Multi-Family
1,504
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60026, Glenview Nas, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,768 (100%) |
| Owner Occupied HU | 4,012 (69.6%) |
| Renter Occupied HU | 1,278 (22.2%) |
| Vacant Housing Units | 478 ( 8.3%) |
| Median Home Value | $661,570 |
| Average Home Value | $709,507 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
4,260
Multi-Family
1,504
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices