BEDS5
BATHS3 full
SQUARE FEET2,800
MLS#12644423
STATUS(Bank Owned) - New
PROPERTY TYPEResidential - Single Family
SCHOOLDistrict 152.5
Property Description
Turnkey investment opportunity in East Hazel Crest generating immediate cash flow with strong upside potential. This spacious 5-bedroom, 3-bathroom single-family home offers approximately 2,800 sq ft of living space, including a finished basement, and is currently tenant-occupied with Housing Choice Voucher assistance already in place. Current monthly rental income is $2,669, with verified potential to reach the HUD 5-bedroom rent standard of $3,200 per month upon tenant turnover. The property has been well maintained and features several major capital improvements, including comprehensive renovations completed in 2021 with a new furnace, additional basement bedroom, and added sump pump. Additional updates include new drain tiles installed in 2022 for enhanced water management and a new water heater installed in 2024. The functional layout, large bedroom count, and 3 full bathrooms make this property highly desirable for long-term tenant demand. Located in the South Suburbs with convenient access to major transportation corridors, employment centers, and local amenities, this property presents an excellent opportunity for investors seeking stable, government-backed rental income. Being sold as-is. Tenant occupied. Serious investors only.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Finished, Full
Cooling: Central Air
Garage: 2
Heating: Natural Gas, Forced Air
Lot Size: 0.55 Acres
Roof Type: Asphalt
Taxes: $9,434
Year Built: 1975
Feature Descriptions
Additional rooms: Bedroom 5
Appliances: Range, Dishwasher
Association Includes: None
Dining Room: Combined w/ LivRm
Exterior: Brick
Lot Dimensions: 0.551
Parcel#: 29293050220000
Parking: Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 9
Township: Thornton
Water: Public
Room Sizes
Bedroom 5: 10X12
Bedroom 2: 11X13
Bedroom 3: 11X12
Bedroom 4: 10X12
Dining Room: 08X10
Family Room: 11X17
Kitchen: 14X13
Laundry: 8X8
Living Room: 10X26
Primary Bedroom: 15X15
Local Schools
School District: District 152.5
Listed By / Shown By
Listed By
Agency Name: PIP Realty Group
Agency Phone: 773-233-2301
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 1,478.15 per month $611.81 Principal & Interest $786.17 Property Tax $80.18 Homeowner's InsuranceChange Payment Information
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17208 Loomis Avenue | MLS# 12644423
This single family home located at 17208 Loomis Avenue , East Hazel Crest, IL 60429 is currently listed for sale with an asking price of $274,900. This property was built in 1975 and has 5 bedrooms and 3 full baths with 2800 sq. ft. Loomis Avenue is located within the District 152.5 school district. Search East Hazel Crest real estate on www.bhhscrosby.com today.