Threeworld home
Other
United States
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1521-1523 S Drake Ave, Chicago, IL 60623

27
1521-1523 S Drake Ave, Chicago, United States

Two side-by-side grey stone buildings in the Lawndale neighborhood of Chicago, each with six units. One won a Chicago Association of Realtors "outstanding rehabs" award, and the other has a new roof, thermal pane windows and a new steel porch.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,684
▲ $684 (68.40%)
Investment Summary
Asset Price$799,200.00
Token Price$49.95
Annual Yield10.99%
Monthly Rental$7,321.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $799,200.00 in total. The property itself is $670,000.00, so 19.3% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price83.8%$670,000.00
  • Reserves and improvements6.2%$49,250.00
  • Other10.0%$79,950.00

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

16,000

Token Price

$49.95

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-1521-1523-S.DRAKE-AVE-CHICAGO-IL

Contract Address

0x8c1c77c549a3f233fa8f8dea133ff5415d9bae11

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

$799,200.00

Token Price$49.95
Annual Yield10.99%
Tokens AvailableN/A

Property Resources