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2 Flat 3859 Oakley Chi North Center Chicago IL

City: CHICAGO ZIP: 60618

Built In: 1921

Lot Size: Oversized Chicago Lot

Lot Dimensions: 29X124

Lot Description: Corner,

# of Units: 2

Unit 1 Floor G: 2 bedrooms 1 baths $1400

Unit 2 Floor 2: 5 bedrooms 4 baths $5000

Gross Income $77,220

Detailed Listing Description

St Bens/North Center extra wide 2 unit on a 29 wide lot with a 2900 square ft 5 bed plus den & 4 bath duplex up owners unit in the Bell school district, single family alternative with income.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s),
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces1
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric,
  • Tenant Pays Unit 2Electric, Gas, Heat, Other,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Dishwasher,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Window Air Conditioner, Hardwood Floors,
Schools
  • Grade SchoolBELL ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolLAKE VIEW HIGH SCHOOL
  • 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 76% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 30% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $76,800 Monthly $6,400
Rental Income Stabilized : Annual $76,104 Monthly $6,342
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$845,0002$422,5006.27%11.000.75%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,400$6,342
Year Total$76,800$76,104
Expense
Total$23,834$23,834
Net Operating Income$52,966$52,270
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10224 $28310 $38534 $3212
Total         $10,224 $28,310 $38,534   $14,432 $10,224 $24,656
Stabilized         $10,224 $28,310 $38,534   $13,736 $10,224 $23,960
Custom         $10224 $28310 $38534   $13736 $10224 $23960




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1633,7503,2128352,3778352,3773,212
2632,9153,2128392,3731,6744,7506,424
3632,0763,2128422,3702,5167,1209,636
4631,2343,2128452,3673,3619,48712,848
5630,3893,2128482,3644,20911,85116,060
6629,5413,2128512,3615,06014,21219,272
7628,6903,2128542,3585,91416,57022,484
8627,8363,2128582,3546,77218,92425,696
9626,9783,2128612,3517,63321,27528,908
10626,1173,2128642,3488,49723,62332,120
11625,2533,2128672,3459,36425,96835,332
12624,3863,2128712,34110,23528,30938,544
13623,5153,2128742,33811,10830,64841,756

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Listing Agent: Art Collazo
Listing Office: Jameson Sotheby's Intl Realty
425 W North Ave Chicago

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