2 Flat 3015 School Avondale Chicago IL Mu Investm| Chicago Property Listings – X Plus Real Estate

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2 Flat 3015 School Avondale Chicago IL Mu Investm

City: Chicago ZIP: 60618

Built In: 1901

Lot Size: A

Lot Dimensions: 1463

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Offer accepted; pending all signed paperwork. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. 2 unit property needs work; sold as is . Buyer is responsible for all municipal inspections, utility connections,etc if needed. Refer to Full Agent Copy in MLS and "additional information". No Disclosures provided by seller. There is no dedicated sewer line for this property and seller will not install. Strictly sold as is. Lot size taken from Tax Records. Room sizes and room count are estimated. Needs Rehab . Keys must be reserved by email for pick up and quick return from my office. Lockboxes have been removed consistently.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces1
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 66% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 63% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $28,157 Monthly $2,346
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$164,6102$82,3057.40%5.851.78%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,346$2,933
Year Total$28,157$35,196
Expense
Total$15,969$15,969
Net Operating Income$12,188$19,227
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1992 $5515 $7507 $626
Total         $1,992 $5,515 $7,507   $4,681 $1,992 $6,673
Stabilized         $1,992 $5,515 $7,507   $11,720 $1,992 $13,712
Custom         $1992 $5515 $7507   $11720 $1992 $13712




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1123,458626163463163463626
2123,2956261644623279251,252
3123,1316261644624911,3871,878
4122,9676261654616561,8482,504
5122,8026261654618212,3093,130
6122,6376261664609872,7693,756
7122,4716261674591,1543,2284,382
8122,3046261674591,3223,6865,008
9122,1366261684581,4894,1455,634
10121,9696261694571,6584,6026,260
11121,8006261694571,8275,0596,886
12121,6316261704561,9975,5157,512
13121,4616261714552,1685,9708,138

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Listing Agent: Alice Jennett
Listing Office: Berkshire Hathaway HomeServices Chicago
1155 S. State St., #700 Chicago

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