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2318-2324 W Marquette Rd, Chicago, IL 60636

View Smart Contracts: Eth Gnosis

Total Investment: $ 516,700.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Expected Income

    11.41%

    Not including capital appreciation

  • Income per Token

    $ 5.90 / year
  • Income Start Date

    July 7, 2021
  • Token Price

    $ 51.67
  • Total Tokens

    10,000

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

    2318-2324 W Marquette Rd, Chicago, IL 60636
  • Country

    USA
  • Source

    RealT
  • Neighborhood

    Chicago Lawn
  • Construction Year

    1924
  • Total Units

    8 Units
  • Bedroom/Bath

    3x3, 5x2 / 8x1
  • Rental Type

    Long-term
  • Rented?

    Fully Rented
  • Rent Subsidy?

    Section 8

Property Financials

  • Gross Rent / year

    $ 95,520.00
  • Gross Rent / month

    $ 7,960.00
  • Monthly Costs

    - $ 3,046.00
    • Property Management (8.00%)
      - $ 636.80
    • RealT Platform (2.00%)
      - $ 159.20
    • Maintenance Expenses
      - $ 560.00
    • Property Taxes
      - $ 650.00
    • Insurance
      - $ 590.00
    • Utilities
      - $ 450.00
  • Net Rent / month

    $ 4,914.00
  • Net Rent / year

    $ 58,968.00
  • Total Investment

    $ 516,700.00
    • Underlying Asset Price
      $ 450,000.00
    • Sourcing Fee (10%)
      $ 51,666.67
    • Initial Maintenance Reserve
      $ 15,000.00
    • Unrounded Listing Price
      $ 516,666.67
    • Rounding Difference
      $ 33.33
  • Expected Income

    11.41%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    6,039
  • Parking

    Street Parking
  • Interior Size (sqft)

    12,781

Blockchain

  • Total Tokens

    10000

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    June 1, 2021
  • Issuer

    RealToken LLC - Series #118 - 2318-2324 W Marquette
  • Min. Investment Amount

    $51.67
  • Max. Investment Amount

    $516,700.00
  • Amount Raised

    $516,700.00
  • 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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