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2 Flat 619 Belden Chi Lincoln Park Chicago IL M

City: CHICAGO ZIP: 60614

Built In: 1886

Lot Size: Less Than .25 Acre

Lot Dimensions: 119X25

Lot Description: Fenced Yard,

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $00

Unit 2 Floor 2: 3 bedrooms 2 baths $00

Detailed Listing Description

This home is a one of a kind! It is a two flat of two owners units...first floor duplex down to lower level which also offers a walk-out entrance, three bedrooms, two and a half baths, two fireplaces, spectacular condition! Upstairs is second floor plus third floor duplex with three bedrooms, two full baths, two half baths, an also in impeccable condition! High end appliances, laundry room, wet bar, incredible decks off each floor, plus huge roof deck over garage with built-in grill plus kitchen, beautiful patio, and large two car heated garage. Lincoln School District. Could be converted to single family home easily. This is what you have been waiting for! Home can also be sold furnished!

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s), Heated,
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1All,
  • Tenant Pays Unit 2All,
  • Appliances Unit 1Stove, Refrigerator, Washer, Dryer, Dishwasher, Fireplace-Gas, Laundry Hook-Up, Hardwood Floors, Oven/Built-in,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Fireplace-Gas, Laundry Hook-Up, Hardwood Floors, Walk-In Closet, Oven/Built-in,
  • 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 122% more than other 2 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 138% 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 $66,403 Monthly $5,534
Rental Income Stabilized : Annual $83,004 Monthly $6,917
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,534$6,917
Year Total$66,403$83,004
Net Operating Income$20,914$37,515
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $21767 $60271 $82038 $6837
Total         $21,767 $60,271 $82,038   $-61,124 $21,767 $-39,357
Stabilized         $21,767 $60,271 $82,038   $-44,523 $21,767 $-22,756
Custom         $21767 $60271 $82038   $-44523 $21767 $-22756

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Pamela Rueve
Listing Office: Coldwell Banker Residential
1212 N. Wells St. #1802 Chicago

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