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Elijah Reese

elijah@serenerealtyinc.com +1(312) 848-2947

$ 274,900

Est. payment -/mo

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17208 Loomis AVE East Hazel Crest, IL 60429

5 Beds

3 Baths

2,800 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $98

MLS Listing ID 12644423

Bedrooms 5

Full Baths 3

Year Built 1975

Annual Tax Amount $9,434

Tax Year 2024

Lot Size 0.551 Acres

Lot Dimensions 0.551

Property Sub-Type Detached Single

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.

Location

State IL

County Cook

Area E. Hazel Crest

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Hardwood, Laminate

Fireplace N

Appliance Range, Dishwasher

Exterior

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Detached Single

Building Description Brick, No

Sewer Public Sewer

Water Public

Level or Stories 2 Stories

Structure Type Brick

New Construction false

Schools

School District 152.5 , 152.5, 152.5

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition REO/Lender Owned

Listed by Latrease Davenport of PIP Realty Group

NEARBY SCHOOLS & PROPERTIES

Elijah Reese

Designated Managing Broker | License ID: 471019825

+1(312) 848-2947

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