452 East 134th Street

Chicago - United States of America

Properties > 452 East 134th Street
EST. ANNUAL RETURN
8.51%
INVESTMENT TERM
4 years
INVESTMENT TYPE
Crowdfunding
PROPERTY TYPE
Single Family Home
TARGET
$121,400

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Description

A fantastic investment opportunity, this property is comprised of a townhome. The property has 3 bedrooms, 1 bathroom, a kitchen, and a living room.


Amenities

Strong Market Fundamentals

Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing program.

Good Condition

This property has undergone a detailed inspection and only minor decorative repairs are required in order to achieve the target rent and maximise the returns. 

Solid Lease

The property is currently vacant and the area enjoys strong rental demand from families and professionals. It is expected a new Section 8 tenant will provide a long-term lease agreement. 


About the area

Chicago

Voted by Conde Nast as the best city in the US for the ninth year in a row, Chicago, with its vast green spaces and world-renowned architecture, is now taking the culinary world by storm with multiple world class restaurants as diverse as the city itself. Centrally located in the US, its airport hub at Midway is fueling the cities renaissance and growth.

Chicago is the third-largest city in the U.S., right behind New York and Los Angeles, a major world financial center and home to the second-largest central business district in the U.S. Key industry sectors in Chicago include business and professional services, food industry, transportation, and logistics, life sciences and healthcare, technology, and manufacturing. Much of the Housing Stock in Chicago was built prior to World War II, making it one of the older and more historic cities in the country. The architecture of Chicago has influenced the history of American architecture and Chicago’s buildings in a variety of styles by many important architects. The Median Home value is expected to increase by 4.36% by the end of this year. The rent increased by 6.8% over the last year, following an increase of 13.4% in 2 years. Inventory of properties for sale was reduced by 18.5% over the last 12 months.

Neighbourhood: Golden Gate

Golden Gate is a suburb of Chicago city’s south side and is part of the Riverdale community around the Calumet river. The area offers a suburban quiet lifestyle to its residents and has numerous amenities and great parks available for residents to enjoy. Golden Gate is minutes away from Beaubien Woods, a park on the shore of Calumet River and a preferred destination for Chicago locals during the weekends for water recreational activities.

Selling points

Strong Market Fundamentals

Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing program.

Solid Lease

The property is currently vacant and the area enjoys strong rental demand from families and professionals. It is expected a new Section 8 tenant will provide a long-term lease agreement. 

Good Condition

This property has undergone a detailed inspection and only minor decorative repairs are required in order to achieve the target rent and maximise the returns. 


Investment Timeline
  • Funding started
    28th Feb. 2024
  • Funding complete
  • Year 1 returns
  • Year 2 returns
  • Year 3 returns
  • Year 4 returns
  • Property sold


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