Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
26
40 Comps Back $305K Median Value
Updated 5 days ago • 53 new comps
Your Investment Paths
Turnkey Rental
The property shows solid rental potential in a competitive market. Investors can expect monthly income between $2,412 and $2,825. These figures align well with recent neighborhood activity, offering a stable outlook for consistent monthly cash flow. Current market data indicates strong demand for this unit type, supporting healthy occupancy levels. With an annual appreciation rate of roughly 1.48%, this property serves as a reliable asset for those seeking steady, long-term returns.
More about this home
Neighborhood Assessment
This 1-bed, 1-bath apartment at 430 E Chicago Riverwalk sits in Chicago's prime Near East Side, right on the vibrant Riverwalk in The Loop. You've got unbeatable walkability—steps from the Magnificent Mile, galleries, dining, and the Chicago River's pedestrian paradise. Transit? Top-notch CTA lines everywhere. Safety's solid for downtown, with parks, lakefront trails nearby, and constant foot traffic. Recent rental history shows $2.5K-$3.8K range, reflecting strong demand in this hot spot.
Market Activity
+ Ask a question in the app
Rental Income
$31K
Yield
—
Year 1 Estimates
Fix-and-Flip
Modernizing a home creates a fresh, inviting atmosphere that resonates with many buyers. While the price per square foot sits at 364 dollars versus 377 dollars, updates significantly enhance overall appeal and long-term livability. This renovation offers a wonderful chance to curate a personal sanctuary. With a rent potential of roughly 2,600 dollars, this move unlocks fresh possibilities, helping a home truly shine and stand out in the current market.
Comps
41
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value estimated between $292,000 and $322,000. These figures align well with the local market, ensuring the renovated apartment remains competitive and attractive to prospective tenants in this area. Projected rental income hits $2,607 monthly, generating an appealing 10.2% yield. Given the steady demand and solid rental baseline, this investment provides a practical path for building equity while maintaining strong, consistent cash flow performance.
Rental Income
$31K
Yield
10.2%
Appreciation
$5K
Year 1 Estimates, Post Typical Renovation
Estimated value
—
Comparative Market Analysis
$470K – $1.2M
~42 days to sell
Based on 2 comps
430 E Chicago Riverwalk, Chicago Investment Report: Flip & Rental Analysis · Frontflip