Whether you're a seasoned investor or purchasing your first rental property, 1020 Park Lane is the opportunity you've been waiting for! This 3-bedroom, 1-bath single-family home is occupied by a long-term tenant who wishes to stay, providing immediate and reliable cash flow from day one. The tenant pays all utilities-including water and trash through the village-keeping your operating expenses low. The home is being sold as-is, making this a straightforward, hassle-free addition to any portfolio. Secure a property that's already generating income and positioned for long-term stability. Add this high-performing investment to your portfolio today!
| MLS # | 12543844 |
|---|---|
| Listing Type | For Sale |
| Style | Farm or Ranch |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 240 |
| Listing Provided By | Coldwell Banker Realty | Danielle McDavis |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,113 |
| Acreage | 4440.00 |
| Rooms Total | 6 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas |
| Appliances | Range, Refrigerator |
| Laundry Features | Gas Dryer Hookup, In Kitchen |
| Roof | Asphalt |
|---|---|
| Construction Materials | Aluminum Siding |
| Parking Features | Side Driveway, Driveway, Yes |
|---|
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
| Community Features | Sidewalks, Street Lights, Street Paved |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2816.85 |
| State | IL |
|---|---|
| County | Cook |
| City | Ford Heights |
| Zip Code | 60411 |
| Area | Ford Heights |
| School District | Bloom High School |
| Elementary School | Medgar Evers Primary |
| High School | Bloom High School |
| Listing VS Median (in 60411) | |
Price: $80,000 low | high Med: $193,900 sqft: 1,113 low | high Med: 1,320 $ / sqft: $72 low | high Med: $147 On site: 240 low | high Med: 14 | |
| State | IL |
|---|---|
| County | Cook |
| City | Ford Heights |
| Zip Code | 60411 |
| Area | Ford Heights |
| School District | Bloom High School |
| Elementary School | Medgar Evers Primary |
| High School | Bloom High School |
| Listing VS Median (in 60411) | |
Price: $80,000 low | high Med: $193,900 sqft: 1,113 low | high Med: 1,320 $ / sqft: $72 low | high Med: $147 On site: 240 low | high Med: 14 | |