Rent report generated Jan 2, 2025
The Rent Potential of
1011 Windsor Rd Highland Park, IL
is $2,800 – $4,000/mo.
Rent Advice
The Highland Park property on 1011 Windsor Rd has a rental potential ranging from $2,800 to $4,000 monthly based on local comps. This translates to an annual revenue between $33.6K and $48K. Given its purchase price and projected rental income, the payback period would be approximately 8-12 years. The single-family home, with its spacious layout, refinished hardwood floors, and a desirable neighborhood location, presents appealing features, though the 'as-is' sale condition might deter some prospective tenants.
To enhance rental value, consider upgrading the non-operable dishwasher and refreshing the interior to appeal to a broader tenant base. If selling is on the horizon, highlighting the property's strong rental potential and unique family-friendly features could attract investors. Additionally, minor aesthetic improvements could significantly elevate its market appeal.
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