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2 Flat 4518 Christiana Albany Park Chicago IL Mu

City: CHICAGO ZIP: 60625

Built In: 1913

Lot Size: A

Lot Dimensions: 125X30

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Brick 2 flat, located in popular Albany Park, is a great investment opportunity or possible single-family conversion. Top floor is 3BR/1BA and first floor is 2BR/1BA. Each unit features eat-in kitchen, hardwood floors and wood trim throughout, separate dining room, and individual A/C and furnace for each unit. 2nd flr has a sunroom off the living room and an unfinished sunroom off a bedroom- both are unheated. Common areas also include storage, laundry and utility room. Close to restaurants, shops, Roosevelt H.S. and public transportation, including the Kimball Brown Line and bus to Blue Line. Large unfinished basement has separate rear entrance. Fenced-in backyard. Building has flood control system. 2-car garage + 1 exterior parking space off the alley.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2I
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 22% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 7% 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 $28,051 Monthly $2,338
Rental Income Stabilized : Annual $35,064 Monthly $2,922
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$410,0002$205,0002.88%14.620.71%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,338$2,922
Year Total$28,051$35,064
Expense
Total$16,247$16,247
Net Operating Income$11,804$18,817
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4961 $13737 $18698 $1559
Total         $4,961 $13,737 $18,698   $-6,894 $4,961 $-1,933
Stabilized         $4,961 $13,737 $18,698   $119 $4,961 $5,080
Custom         $4961 $13737 $18698   $119 $4961 $5080




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1307,5001,5594061,1534061,1531,559
2307,0941,5594071,1528132,3053,118
3306,6871,5594091,1501,2223,4554,677
4306,2781,5594101,1491,6334,6036,236
5305,8671,5594121,1472,0455,7507,795
6305,4551,5594141,1452,4586,8969,354
7305,0421,5594151,1442,8738,04010,913
8304,6271,5594171,1423,2909,18212,472
9304,2101,5594181,1413,70810,32314,031
10303,7921,5594201,1394,12811,46215,590
11303,3721,5594211,1384,54912,60017,149
12302,9511,5594231,1364,97213,73618,708
13302,5281,5594251,1345,39714,87020,267

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Listing Agent: Pam Laukkanen
Listing Office: Baird & Warner

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