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15555 Millard Ave
15555 Millard Ave
Markham, IL 60428
About
Single-family home located in Chicago, Illinois. Two-story house recently renovated with updated appliances, flooring, and bathrooms, along with a two-car garage. The property is located in a tree-lined neighborhood near nature preserves, restaurants, and freeway access. The property is currently vacant.
Property Management
ECO Systems LLC
ECO Systems LLC is a property management company specializing in residential rental properties across the Midwest and East Coast. With a diverse portfolio spanning Ohio, Illinois, New York, and Florida, ECO Systems focuses on hands-on property management, tenant relations, and maximizing returns for co-owners. The team manages properties ranging from single-family homes to small multifamily buildings, with a particular focus on affordable housing markets with strong rental demand.
Due Diligence Documents
About this offering
The Market
Markham, IL
Markham is a south suburban Cook County community offering affordable homeownership close to Chicago. Quick access to I-57 and I-294 connects residents to jobs throughout the city and the south suburbs, and the Cook County courthouse located in town adds a local employment anchor. Low entry prices make it a practical option for both buyers and renters.
Property Updates
The property is secured. We are preparing an approximately $60,000 rehab budget, including reserves, to maximize after-repair value ahead of a subsequent sale. The exit plan is a fix-and-flip.
Refinance applications are in progress for this property and 2094 W 34th Place. We will bring a DAO proposal forward once we have a term sheet. DAO members and credit partners who can help accelerate financing are welcome to contact us.
If anything looks wrong, please email ecosystemspm@gmail.com.
Investor Reviews
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Share price
15555 Millard Ave
Markham, IL 60428
About
Single-family home located in Chicago, Illinois. Two-story house recently renovated with updated appliances, flooring, and bathrooms, along with a two-car garage. The property is located in a tree-lined neighborhood near nature preserves, restaurants, and freeway access. The property is currently vacant.
Property Management
ECO Systems LLC
ECO Systems LLC is a property management company specializing in residential rental properties across the Midwest and East Coast. With a diverse portfolio spanning Ohio, Illinois, New York, and Florida, ECO Systems focuses on hands-on property management, tenant relations, and maximizing returns for co-owners. The team manages properties ranging from single-family homes to small multifamily buildings, with a particular focus on affordable housing markets with strong rental demand.
Due Diligence Documents
Offering Details
The Market
Markham, IL
Markham is a south suburban Cook County community offering affordable homeownership close to Chicago. Quick access to I-57 and I-294 connects residents to jobs throughout the city and the south suburbs, and the Cook County courthouse located in town adds a local employment anchor. Low entry prices make it a practical option for both buyers and renters.
Property Updates
The property is secured. We are preparing an approximately $60,000 rehab budget, including reserves, to maximize after-repair value ahead of a subsequent sale. The exit plan is a fix-and-flip.
Refinance applications are in progress for this property and 2094 W 34th Place. We will bring a DAO proposal forward once we have a term sheet. DAO members and credit partners who can help accelerate financing are welcome to contact us.
If anything looks wrong, please email ecosystemspm@gmail.com.
Investor Reviews
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Not paying rent right now
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Monthly Cash Flow
$0.00
Monthly Rent
$0.00
Monthly Expenses
$0.00
Paid to investors
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.