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Duplex Residential Income Property

4200 W 90TH Street, Hometown, IL 60456

For Sale
$244,900

An open floor plan and recent interior updates shape the property’s residential layout.

Property Size1,064 SF
Price / SF$230.17
Days on Market35

Property Features for 4200 W 90TH Street

General Information

Standard status Active
Size 1,064 SF
Property subtype 1/2 Duplex

Property Condition

Severity Repairs Needed
Evidence with just a little TLC

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,511

Building Details

Building Size 1,064 SF
Year Built 1953
Listing Agency: RE/MAX 10
Listed By: Angie Lockowitz · License #475198860
Source: Townrealtychicago
Added: Oct 6 Changed: Nov 2 Last Checked: Nov 3 at 8:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 10

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Investment Insights

Based on property information with market context.

This 1,064-square-foot duplex was built in 1953 and has an open floor plan. The property includes three bedrooms and one full bath, along with refreshed flooring and paint updates in several areas. A water heater was installed in 2024.

Shopping, major highways, and schools are nearby.

Key Highlights

  • Duplex with 1,064 square feet of living area
  • Three bedrooms and one full bath
  • Water heater installed in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,343
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,860 $246.9K
Cap Rate 7%
$176,329 $176.3K
Cap Rate 9%
$137,144 $137.1K
Market Conditions
NOI Build-Up for 1,064 SF
Gross rent
$24.1K $22.68/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$22.4K $21.09/SF
− OpEx
−$10.1K −$9.49/SF
NOI
$12.3K $11.60/SF
Area
Cook County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,860
Cap Rate 7%
$176,329
Cap Rate 9%
$137,144

Alternative Uses

Best Use
Apartment 5plus
$176.3K
$154.3K – $205.7K (±1% cap)
NOI $12,343 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.6K
$357.5K – $476.7K (±1% cap)
NOI $28,600 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,464
Businesses Nearby

Demographics for 60456, IL

4,343
Population
1,916
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
8,686
Density / Sq Mi
$59,265
Median Household Income
$42,091
Median Earnings
$812
Median Rent
$152,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Residential income properties in Cook County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - An open floor plan and recent interior updates shape the property’s residential layout.
Where is this residential income property located?
The property is located at 4200 W 90TH Street Hometown, IL.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: Duplex with 1,064 square feet of living area; Three bedrooms and one full bath; Water heater installed in 2024
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