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1815 S Avers Ave, Chicago, IL 60623

View Smart Contracts: Eth xDai

Total Investment: $ 329,700.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Expected Income

    10.31%

    Not including capital appreciation

  • Rent per Token

    $ 5.67 / year
  • Rent Start Date

    June 15, 2021
  • Token Price

    $ 54.95
  • Total Tokens

    6,000

All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

  • Property Type

    Multi Family
  • Full Address

    1815 S Avers Ave, Chicago, IL 60623
  • Neighborhood

    North Lawndale
  • Construction Year

    1917
  • Total Units

    6 Units
  • Bedroom/Bath

    6x2 Bed / 6x1 Bath
  • Rental Type

    Long-term
  • Rented?

    Fully Rented
  • Section 8?

    Yes
  • Section 8 Pays...

    100%

Property Financials

  • Gross Rent / year

    $ 58,392.00
  • Gross Rent / month

    $ 4,866.00
  • Monthly Costs

    - $ 2,032.66
    • Property Management (8.00%)
      - $ 389.28
    • RealT Platform (2.00%)
      - $ 97.32
    • Property Taxes
      - $ 316.00
    • Insurance
      - $ 175.00
    • Utilities
      - $ 1,055.06
  • Net Rent / month

    $ 2,833.34
  • Net Rent / year

    $ 34,000.08
  • Total Investment

    $ 329,700.00
    • Underlying Asset Price
      $ 275,000.00
    • Operating Expense Reimbursement (10%)
      $ 32,970.22
    • Initial Maintenance Reserve
      $ 9,732.00
    • Initial Renovation Reserve
      $ 12,000.00
    • Unrounded Listing Price
      $ 329,702.22
    • Rounding Difference
      - $ 2.22
  • Expected Income

    10.31%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    2,900
  • Parking

    Street Parking
  • Interior Size (sqft)

    4,989

Test Renovation content!

Offering Details

  • Offering Date

    June 1, 2021
  • Issuer

    RealToken LLC - Series #110 - 1815 S Avers
  • Min. Investment Amount

    $54.95
  • Max. Investment Amount

    $329,700.00
  • Amount Raised

    $329,700.00
  • Offering Percent (of Total Tokens)

    100.00%

Rent Assistance!

This property's rent is partly or wholly paid by the U.S. Federal Government through HUD Section 8.

The rent of Section 8 properties is usually exceptionally stable.

Map

Property Records

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