Find the home or investment property you’ve been looking for!

Quick Search

Select Search Area

Selected Areas (10)
Listing Types

Property Features

3 Flat 1942 Halsted Lincoln Park Chicago IL Mu In

City: CHICAGO ZIP: 60614

Built In: U

Lot Size: A

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor G: 2 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $2500

Unit 3 Floor 2: 3 bedrooms 2 baths $3600

Gross Income $96,300

Net Op. Income $73,886

Detailed Listing Description

Prime Lincoln Park 3 flat. Renovated building with newer kitchen/bath. Sep mechanicals for each unit. 1 duplex unit w/ 3bd/2bth with amazing lofted area and exposed brick. Two 2 bedrooms/1bth. 4 exterior parking spaces. Great investment on 25x125 lot next to retail, entertainment, and Depaul. RT4 Zoning. Can be purchased with 1938 N. Halsted MLS#10052965. 90 day kick-out clause on lease.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipN
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
  • Appliances Unit 1A,B,E,F,I
  • Appliances Unit 2A,B,E,F,I
  • Appliances Unit 3A,B,C,D,E,F,I
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 11% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 17% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $73,200 Monthly $6,100
Rental Income Stabilized : Annual $89,856 Monthly $7,488
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,100$7,488
Year Total$73,200$89,856
Net Operating Income$42,316$58,972
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $15094 $41795 $56889 $4741
Total         $15,094 $41,795 $56,889   $-14,573 $15,094 $521
Stabilized         $15,094 $41,795 $56,889   $2,083 $15,094 $17,177
Custom         $15094 $41795 $56889   $2083 $15094 $17177

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

Explore Nearby Neighborhoods

AvondaleNearby Neighborhoods X Plus Real Estate


Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Listing Agent: Christine Hancock
Listing Office: @properties
728 W. Jackson Street #601 Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.