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1542 S Ridgeway Ave, Chicago, IL 60623

26
1542 S Ridgeway Ave, Chicago, United States

Tenancy Update (2022-01-17) 1542 S Ridgeway recently had one unit vacated. This represents $920/month in rental income. We are currently cleaning the property, and are actively seeking new tenants with the objective of a significant rent increase. We...

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,687
▲ $687 (68.70%)
Investment Summary
Asset Price$417,840.00
Token Price$52.23
Annual Yield11.03%
Monthly Rental$3,839.20
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $417,840.00 in total. The property itself is $365,000.00, so 14.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price87.4%$365,000.00
  • Reserves and improvements2.6%$11,020.00
  • Other10.0%$41,820.00

Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.

Token Information

Total Tokens

8,000

Token Price

$52.23

Tokens Available

0

Minimum Investment

N/A

Token Holders

N/A

Platform Fee

N/A

Management Fee

N/A

Leverage

Not stated

Blockchain Network

Gnosis Chain

Token Symbol

REALTOKEN-S-1542-S.RIDGEWAY-AVE-CHICAGO-IL

Contract Address

0x69D1B42b20f3DED07bEC322253D0140b04Cbb6F5

Property Features

Property Type

Other

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$417,840.00

Token Price$52.23
Annual Yield11.03%
Tokens AvailableN/A