Off Market4530d on marketHistoric · 105 yrs
10041 S Yale Ave
Chicago, IL, 60628 • Fernwood • Cook County
$18,600
$17/sqft
4Beds
1Baths
1,109Sqft
0.11 acLot
1921Built
Property DNA
Character Home
Built 1921 · 105 years of history
Market activity
Demand and pricing signals for this listing
4530 days on market
Established listing
$17/sqft
Price per square foot
About this home
Single Family · Built 1921 · Historic
All cash for 10,500 or Owner Financing for $5,500 down and monthly payments of 450 per month for 3 year term.Description:Dirt Cheap property for sale. Single Family Frame house. 4 bedrooms 1 bathroom. Needs total gut rehab. Potential to profit over 40k for fix and flip investor.The Numbers: (numbers are based upon a 6 months holding)Purchase $10,500Hard Money costs: 5,610Rehab: $63,200Closing costs: 5200 buy and sellHolding costs: 2500Realtor fees: 8,610Resale at: $143,500Total profit: $50,880Rental:Purchase: $10,500Rehab: $45,000Closing costs: 1500Rental 1200 per month: $14,400Expenses utilities insurance, taxes: $4,400Property Management: $1,008Vacancy/Maintenance: $2,160Total Income per year: $6,832Cash on cash return. 13 perecentRepairs:Roofing/repair= 6,000Exterior paint/soffit/fence repair=3,500Replacement windows= 3,500Landscape= 1,000Replace Furnace/Heater/ Water heater=5,500HVAC duct work repair=2,000Plumbing repair=2,000Electrical/ Fixture updates= 3,000Basement lights/ carpet=1,000Interior paint= 2,500Carpet/tile/ refinish of Hardwood floors= 3,500Kitchen= 4,500Appliances=1,200Bathroom= 2,500Drywall/ tape/ bed= 8,000Insulation ceiling/wall=2,000Doors/Hardware/ Trim= 3,500Subfloor/ Stair replacement= 3,000Finish upstairs= 5,000Total Rehab cots $63,200Comparables:327 W. 100th Chicago IL sold 8/30/2013 for $125,0009807 S Green Chicago IL sold 11/12/2013 for $160,1559812 S Union Chicago IL sold 10/8/2013 for $133,50010012 S. Lowe Chicago IL sold 7/30/2013 for $155,900After repaired value $143,500.Act Fast this will be gone Fast. The first one with a signed contract and 2,000 non refundable earnest money gets the deal.Earnest money required 2,000. non refundableProof of funds required for viewing.Please due your own due diligence.Do you know someone that would buy this deal please forward this email we do compensate for referrals!For more fantastic wholesale deals go to
Estimated monthly payment
Based on current rates
$121/month
Principal & Interest$97
Property Tax$19
Insurance$6
Down payment20% ($3,720)
3%50%
Est. 6.75% rate · 30yr fixed · $14,880 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1921
ParkingNo Data
Lot4,648 sqft
Property
Home typeSingle Family
Year built1921
Systems
RoofAsphalt
Parking & Outdoor
Lot4,648 sqft
Location & Tax
NeighborhoodFernwood
Annual tax$393
Parcel2509411013
Features & details
1 category of property features
Exterior Features
Exterior
Wood
Listing insights
Market data and value estimates
StatusOff Market
Days on market4530
Est. rent$2,428/mo
Tax rate1.99%
Price/sqft$17
Last sold$3,500
Tour days6
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60628
Price history
8 events
DateEventPrice$/sqftSource
Mar 24, 2021Listing Removed——Owner
Mar 27, 2014Listing Removed$8,500$8Owner
Feb 15, 2014Price Change$8,500$8Owner
Jan 14, 2014Listed For Sale$10,500$9Owner
Nov 13, 2013Sold$3,500$3MRED as distributed by MLS GRID
Aug 16, 2013Price Change$4,000$4Village Realty Shoppe, Ltd.
Jul 19, 2013Listed For Sale$5,200$5Village Realty Shoppe
Jul 20, 1999Sold$58,000$52Public Record
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$8,500
Mar 27, 2014•$8/sqft•Owner
Price Change$8,500
Feb 15, 2014•$8/sqft•Owner
Listed For Sale$10,500
Jan 14, 2014•$9/sqft•Owner
Sold$3,500
Nov 13, 2013•$3/sqft•MRED as distributed by MLS GRID
Price Change$4,000
Aug 16, 2013•$4/sqft•Village Realty Shoppe, Ltd.
Listed For Sale$5,200
Jul 19, 2013•$5/sqft•Village Realty Shoppe
Sold$58,000
Jul 20, 1999•$52/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2023$393$1,860
Apr 10, 2022$384$1,860
Apr 10, 2021$375$1,860
Apr 10, 2020$571$2,557
Apr 10, 2019$515$2,557
Apr 10, 2018$506$2,557
Apr 10, 2017$1,703$7,896
Apr 10, 2016$1,585$7,896
Apr 10, 2015$1,450$7,896
Apr 10, 2014$1,348$7,250
Apr 10, 2013$1,322$7,250
Apr 10, 2012$1,304$7,250
Apr 10, 2011$1,673$10,302
Apr 10, 2010$1,680$10,302
Apr 10, 2009$546$10,302
Apr 10, 2008$608$12,290
Apr 10, 2007$514$12,290
Apr 10, 2006$11$12,290
Apr 10, 2005$42$8,615
Apr 10, 2004$519$8,615
Apr 10, 2003$1,366$8,615
Apr 10, 2002$1,044$5,800
Apr 10, 2001$1,006$5,800
Apr 10, 2000$969$5,800
Apr 10, 1999$152$5,038
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Neighborhood details
Local context around this listing
Chicago, IL • Cook County
Nearby neighborhoods
GreshamIrving ParkLake ViewLincoln ParkLittle VillageLogan SquareRogers ParkSouth AustinUptownWest Ridge
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60608606176061860623606256062960632606346063960647
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