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17208 Loomis Ave

East Hazel Crest IL 60429

4
3
2
2800 sq. ft.
0.55 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2800 sq. ft. floor area
0.55 ac. lot size
Single-Family

Property history for 17208 Loomis Ave

2021
Sold
$128,766
28 Jun 2021 by Ryan Smith, of Re/Max Properties

Happy sellers in East Hazel Crest

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We have insufficient information to provide an overview of customer satisfaction for East Hazel Crest. Viewing the agent profiles, reviews and sales for East Hazel Crest can provide insights for this location.

Local market activity for 4 bedroom single-family properties in East Hazel Crest

In the last 12 months, 42 four-bedroom single-family properties similar to 17208 Loomis Ave, have been sold.

This represents a 11% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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