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Brick bungalow in Chicago south
Completely rehabbed brick bungalow with 2 bedrooms, Living, dining on the first floor. Two bedrooms , hallway. I bath in the basement attached with the first floor like duplex. New wooden floor. New kitchen cabinets and countertops. New bathrooms. New heating system, new plumbing along with fans fittings and fixtures. New wrought iron fence in the front.
1 year lease /option to buy
1 month security deposit and one month rent in advance before moving
Rent: $1300 per month
Security deposit $1300.00
Sale price $149,000
Option to buy proposal
Tenant's payment $1500 per month
Adjustment towards down payment $500 per month
Monthly rent $1000 per month
Adjustment after one year $6000 (One year period)
Sale price after one year $149,000
Less( adjustment) $6000
Less(Security deposit) $1500
Net Sale Price $141,500
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