Note for sale
Discounted Performing Note — Single Family · Chicago, IL
500 W Madison St, Chicago, IL · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths3 / 4
Living area2,196 sqft
Lot0.36 acres
Year built2009
About this deal
Discounted performing note secured by a single-family home located at 500 W MADISON ST, Chicago, IL. Outstanding balance near $145,000. Borrower is current; strong collateral. Great addition to a note portfolio or self-directed IRA. Tape and financials provided to qualified buyers.
The numbers
- Cap rate
- 10.9%
- Net operating income
- $19,128/yr
- Cash flow
- +$1,594/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.