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2 Flat 4827 Kedvale Chi Albany Park Chicago IL

City: CHICAGO ZIP: 60630

Built In: U

Lot Size: Less Than .25 Acre

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $1523

Unit 2 Floor 1: 3 bedrooms 1 baths $1350

Gross Income $34,476

Detailed Listing Description

Spectacular Mayfair all brick two flat. Condo quality rehabbed in 2014. New roof 2018. Hold as investment, or Owner occupy either the fabulous 3be/1ba top unit, or the spacious 3be/2ba duplex down. Both units feature new chef's kitchens with stainless steel appliances, granite counters, and gorgeous tile backsplash. All bathrooms with granite counters, stunning tiled showers, and new cabinets. Each unit features a spacious open front porch and an enclosed back porch along with tons of storage. This turn key 2 flat on a tree- lined street is the perfect armchair investment, or your opportunity owner occupy a beautiful home.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s),
  • 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, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 16% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 18% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $34,476 Monthly $2,873
Rental Income Stabilized : Annual $43,200 Monthly $3,600
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$450,0002$225,0004.77%13.050.80%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,873$3,600
Year Total$34,476$43,200
Expense
Total$13,026$13,026
Net Operating Income$21,450$30,174
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   $928 $5,445 $6,373
Stabilized         $5,445 $15,077 $20,522   $9,652 $5,445 $15,097
Custom         $5445 $15077 $20522   $9652 $5445 $15097




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: Colin Hebson
Listing Office: Dream Town Realty
2231 Forestview Evanston

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