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

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 4240 Berteau Chi Irving Park Chicago IL

City: CHICAGO ZIP: 60641

Built In: 1891

Lot Size: Oversized Chicago Lot

Lot Dimensions: 50X150

Lot Description: Corner,

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $OWN

Unit 2 Floor 2: 1 bedrooms 1 baths $VAC

Detailed Listing Description

Old Irving Frame 2 flat on a 50 x 150 corner lot. Needs total rehab or is a tear down. Zoned R-2. Located on the N/W the corner of Tripp and Berteau and is across from the level 1 Belding Grade School Grounds.

Additional Property Details

Garage & Parking
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1All,
  • Tenant Pays Unit 2All,
Appliances
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2None,
Schools
  • Grade SchoolBELDING ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolSCHURZ HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 20% 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 $23,364 Monthly $1,947
Rental Income Stabilized : Annual $13,632 Monthly $1,136
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$450,0002$225,0003.53%19.260.25%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,947$1,136
Year Total$23,364$13,632
Expense
Total$7,464$7,464
Net Operating Income$15,900$6,168
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   $-4,622 $5,445 $823
Stabilized         $5,445 $15,077 $20,522   $-14,354 $5,445 $-8,909
Custom         $5445 $15077 $20522   $-14354 $5445 $-8909




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

Explore Nearby Neighborhoods

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

Listing Agent: Derek Disera
Listing Office: @properties
3825 N. Kildare 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.