What does $230,000 get you in Steger, IL? Tour this off-market 2-Unit property

[@streetsharkz]

too expensive to get ROI you'll just break even

[@noerealtor]

Appreciate your perspective! It’s true, the margins might seem tight at first, but this property has some solid fundamentals. With $2,100 in monthly rental income, that’s about a 10.9% gross rental yield-which is pretty competitive for the area. Plus, with both units already leased w/ longterm tenants, it’s a steady income stream right out of the gate. There’s also room to grow value over time through rent increases, appreciation, or even fine-tuning the expenses like utilities. It’s not just about breaking even today-it’s about building equity and cash flow for the future. Curious to hear how you approach ROI-let’s chat!

[@streetsharkz]

@@noerealtor Thank you for the breakdown! I do not own any real estate. Stock market trader for 8 years now. You're sound right about this being a sound buy, with little downside. I guess I like a little more upside in my investments lol!