💎 Cash Cows: 11.6% Yields, Basement Conversions & Gentrification Plays
$130K-$450K entry points, 11.6%-25.4% gross yields, and low per unit costs
This week's opportunities include a 2-unit greystone delivering a 11.6% gross yield.
Plus a 3-flat screamer at $43,300 per unit generating massive investor interest.
Also an all-brick building stagnant 89 days with finished basement conversion potential.
And a 4-unit yield monster showing 25.4% returns
Free readers get the greystone cash cow breakdown.
Paid subscribers get all 4 multifamily deals
Passive Cash-Flowing Properties
Buy shares of investment properties, earn rental income & appreciation for anywhere from $100 to $20k — let Arrived take care of the rest.
Distressed Deals of The Week
💰 Cash Flow King
25 days on market + foreclosure status = seller motivation meets turnkey opportunity on this rehabbed greystone.
$4,350/month income + 11.6% gross yield = immediate cash flow for investors who can navigate title complexity.
💎 Hidden Gem
89 days stagnant + only 230 views = market fatigue creating serious opportunity on this all-brick 2-unit building.
Finished basement conversion + Red Line proximity = instant 3-unit potential in gentrifying corridor for patient investors.
🔥 Fire Sale
$43,300 per unit + 3,136 views in 13 days = screaming deal generating massive interest from savvy Chicago investors.
Complete rehab required + Blue Line access = maximum upside play for specialists with $100K+ renovation budgets.
😲 Yield Monster
55 days ignored + 25.4% gross yield estimate = either the deal of the century or a money pit disguised as opportunity.
$45K per unit + massive tax reassessment risk = high-stakes gamble for Far South Side experts only.
4338 W Adams St, Chicago, IL 60624
$450,000 | 9 beds, 4 baths | 2-unit building
🏠 Turnkey cash cow in gentrifying corridor.
Already pulling $4,350/month. That's 11.6% gross yield on a fully rehabbed 1895 greystone.
💡 Pro Tip:
Property generates $4,350/month at 11.6% gross yield
United Center proximity drives demand
Basement conversion potential = 3rd unit
💰 Financial Snapshot
Est. Market Value: $443,300 Zestimate
Purchase Status: 25 days on market
Current Ask: $450,000
Layout: 9 bed multi-family (Unit 1: 4br/2ba, Unit 2: 5br/2ba)
Building Size: Not disclosed
Lot Size: 3,538 sq ft (29x122)
Year Built: 1895
Price per Sq Ft: Data unavailable
Current Rent: $4,350/month
Gross Yield: 11.6% (exceptional)
Annual Taxes: $1,693 (0.38% effective rate - very low)
Tax Assessed Value: $79,990
⚠️ Heads Up
"In Foreclosure" status creates title complexity
Massive tax assessment gap (79K vs 450K ask)
Property tax reassessment inevitable post-sale
🏆 Best for:
Experienced investors seeking immediate cash flow
Value-add specialists eyeing basement conversion
Chicago market specialists familiar with East Garfield Park gentrification
Why it works:
Immediate 11.6% gross yield with stable tenants
Recent gut rehab eliminates major capex concerns
United Center proximity + 1901 Project = appreciation catalyst
Basement conversion upside for additional unit