3552 N Oleander Avenue #204
Chicago, IL 60634

Welcome home to a rarely available, top-floor unit in an excellent area! Walk into a very spacious living room area highlighted by large, south facing windows for that crisp, natural sunlight as well as a private balcony: all while overlooking a pretty courtyard! Relax on your balcony. Or barbeque on it. Furthermore, the living room area opens up to a large, galley kitchen with a comfortably sized eat-in area characterized by north facing windows for additional light exposure. This unit also features two very spacious bedrooms with ample closet space. There is a full bathroom nestled between both bedrooms, which adds to this intelligently designed floor plan. There is also a spotless laundry room facility on the first floor and there is hardly ever a waiting line to use the washer or dryer; all machines are coin-operated at just $0.75 per load. This unit also comes with one exterior unassigned parking space and there is ample parking on Oleander and/or Addison at no additional cost. Own for less than rent! You can also rent this unit without restriction. FINANCING: Put down a 5% (or $7,750) at a $155,000 purchase price for a payment of approximately $1,203 per month at a 3% interest rate given a 740+ FICO score; this mortgage payment of $1,203 per month is based on a realistic and worst-case scenario property tax bill of $2,875 per year with a homeowners exemption along with a $266 monthly HOA payment, a $35 per month insurance bill and a $42 per month mortgage insurance premium. Or, put down 20% (or $31,000) for an approximate $1,063 mortgage payment. Please consult your loan officer for confirmation. RENTALS: A 2-bedroom, 1-bathroom unit at 7817 Belmont (Unit 2) rented for $1,395 per month. Please ask your agent to pull MLS# 10688173. Additionally, a 2-bedroom, 1-bathroom unit at 7701 Belmont (Unit 1) rented for $1,395 per month. Please ask your agent to pull MLS# 10954931. In short, you can easily expect to rent this unit for $1,400 per month after its rehab and earn nearly $175 per month in free cash flow, which comes out to $2,100 per year in positive cash flow. Easy to show. Close to plentiful shopping and restaurants, Kennedy Expressway, O'Hare Airport and much more. Easy to show!