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3 Flat 3338 Hoyne North Center Chicago IL Mu Inve

City: Chicago ZIP: 60618

Built In: U

Lot Size: L

Lot Dimensions: 123 X 23

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $975

Unit 2 Floor 2: 2 bedrooms 1 baths $1475

Unit 3 Floor 3: 2 bedrooms 2 baths $2300

Gross Income $57,000

Detailed Listing Description

Roscoe Village 3 flat on highly desired Hoyne Ave. Generous monthly income $4,750. Excellent tenants. Perfect for investment property or development. Property being sold "as is"

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
  • Appliances Unit 1A,B,C,D
  • Appliances Unit 2A,B,E,I
  • Appliances Unit 3A,B,E
  • 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 16% more than other 3 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 14% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $57,000 Monthly $4,750
Rental Income Stabilized : Annual $59,892 Monthly $4,991
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,750$4,991
Year Total$57,000$59,892
Net Operating Income$35,061$37,953
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $8216 $22749 $30965 $2581
Total         $8,216 $22,749 $30,965   $4,096 $8,216 $12,312
Stabilized         $8,216 $22,749 $30,965   $6,988 $8,216 $15,204
Custom         $8216 $22749 $30965   $6988 $8216 $15204

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Aaron Peirick
Listing Office: Creative Realty Corp.
601 Linden #308 Evanston

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