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2 Flat 3935 Kimball Chi Irving Park Chicago IL

City: Chicago ZIP: 60618

Built In: 1941

Lot Size: Oversized Chicago Lot

Lot Dimensions: 45X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $OWN

Unit 2 Floor 2: 2 bedrooms 1 baths $OWN

Detailed Listing Description

Oversized brick 2 flat in Irving Park. 45 x 125 foot lot. Much wider building than a standard Chicago 2 flat, allowing for larger room sizes. 1st flr unit 3 bedrooms/1bath, 2nd flr unit 2 bedrooms/1 bath. Spacious bedrooms 12' wide. Both units include Large eat-in kitchens, sep living and dining rooms, Pristine hardwood floors. Additional room off each kitchen, 1st flr room is heated can be a 4th bedroom, easy to add heat to 2nd floor room. 2 wood burning fireplaces. Loads of closets. Lower Level has large rec rm, half bath, laundry rm, utility area plus extra storage. 3 car brick garage + 1 addt'l outdoor parking spot. Rear and side yard space. Irving Park Blue Line and Metra stop plus 90/94 Expressway. Real Estate taxes are being appealed. "Sold AS IS".

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s), Transmitter(s),
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces3
  • ParkingGarage, Space/s,
  • Number of Parking Spaces1
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Washer, Dryer, Dishwasher, Window Air Conditioner, Fireplace-Wood, Garage/Space, Hardwood Floors, Walk-In Closet,
  • Appliances Unit 2Stove, Refrigerator, Window Air Conditioner, Garage/Space, Hardwood Floors,
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 6% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 5% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $31,404 Monthly $2,617
Rental Income Stabilized : Annual $40,236 Monthly $3,353
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$450,0002$225,0004.17%14.330.75%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,617$3,353
Year Total$31,404$40,236
Expense
Total$12,656$12,656
Net Operating Income$18,748$27,580
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5445 $15077 $20522 $1711
Total         $5,445 $15,077 $20,522   $-1,774 $5,445 $3,671
Stabilized         $5,445 $15,077 $20,522   $7,058 $5,445 $12,503
Custom         $5445 $15077 $20522   $7058 $5445 $12503




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1337,5001,7114451,2664451,2661,711
2337,0551,7114471,2648922,5303,422
3336,6081,7114491,2621,3413,7925,133
4336,1591,7114501,2611,7925,0526,844
5335,7081,7114521,2592,2446,3118,555
6335,2561,7114541,2572,6977,56910,266
7334,8031,7114551,2563,1538,82411,977
8334,3471,7114571,2543,61010,07813,688
9333,8901,7114591,2524,06911,33015,399
10333,4311,7114611,2504,53012,58017,110
11332,9701,7114621,2494,99213,82918,821
12332,5081,7114641,2475,45615,07620,532
13332,0441,7114661,2455,92216,32122,243

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Listing Agent: Eileen Barron
Listing Office: Compass
3642 N. Hamlin Chicago

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