Subject-To
Sub-To Deal · Single Family, Chicago, IL · Motivated Seller
550 W Jackson Blvd, Chicago, IL · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths4 / 4
Living area2,211 sqft
Lot0.21 acres
Year built1949
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in Chicago, IL. Take over the existing mortgage payments and acquire the deed for $345,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 5.9%
- Net operating income
- $19,308/yr
- Cash flow
- +$1,609/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.