6534 S Bell Ave

West Englewood, Chicago, IL · View on Zillow

6534 S Bell Ave

$350K somewhere else buys…

3 bedrooms · 1 baths · 1,850 sqft · 3,000 sqft lot

Built 1960 · 2 Garage spaces · $189/sqft (city median $240)

Great opportunity to own this well-maintained home in popular Chicago Lawn! Lovingly cared for by the same owner for over 40 years, this home is ready for a new family to make it their own. Inside, you'll find gleaming hardwood floors throughout, an eat-in kitchen, and three nicely sized bedrooms. The full finished basement provides additional living and entertaining space.

What this place offers

  • Heating: Natural Gas, Forced Air
  • 2 Garage spaces
  • Garage

The numbers

$7K/yr

Property tax (actual rate)

$1K/yr

Insurance (quoted)

$350,000

Down payment20% · $70,000
%
Mortgage (principal + interest)$1,751
Property tax$580
Home insurance$105
All-in monthly$2,437/mo

You'd need about $104,436/yr in household income (28% rule) plus $70,000 in cash.

Would rent for ~$1,750/mo · 6.0% gross yield

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