2647 Bainbridge BlvdWest 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
Investment property for sale in West Chicago at 2647 Bainbridge Blvd, West Chicago, IL, 60185 uses $225,401 cash to close to unlock $2,211/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $4,936/mo, and a $3,353/mo payment keeps the spread at $184/mo. Purchase price stands at $685,108, and rental yield measures 8.65% with $4,936/mo rent. Return on cash invested shows 21.04% in year one, and 5% annual appreciation builds toward $189,283 over five years. Five-year ROI reaches 109.88% and total cumulative return in cash records $247,676. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,936/mo property income covering a $3,353/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.34 Acres lot
$N/A/sqft
No 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: Katie Fish • Keller Williams Inspire - Geneva
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12529552