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 3231 Monticello Chi Avondale Chicago IL

City: CHICAGO ZIP: 60618

Built In: 1896

Lot Size: Standard Chicago Lot

Lot Dimensions: 30X125.32

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1000

Unit 2 Floor 2: 3 bedrooms 2 baths $0

Detailed Listing Description

GREAT AVONDALE LOCATION !! CLOSE TO BLUE LINE, NEW BARS, RESTAURANTS AND STORES. CTA BUS ON BELMONT, KIMBALL, MILWAUKEE. CLOSE TO EXPRESS WAYS . WALK TO PARKS, SCHOOLS. IDEAL LOCATION. EXCELLENT CONDITION, WOOD FLOORS , LARGE APARTMENTS, OWNERS UNIT DUPLEXED TO FULL FINISHED DORMERED ATTIC. SKYLIGHTS, PLENTY OF CLOSETS. MODERN KITCHEN, VERY WELL TAKEN CARE . ALL BEAUTIFUL LARGE FRAME BUILDING . GOOD CONDITION, 1ST FLOOR APT OPEN PLAN, WOOD FLOORS, PLENTY OF CLOSETS. WIDER LOT SIZE IS 30X125. House sits on back of lot. Street Driveway to allow parking.

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces2
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
Appliances
  • Appliances Unit 1None,
  • Appliances Unit 2None,
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 19% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 12% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $12,000 Monthly $1,000
Rental Income Stabilized : Annual $47,220 Monthly $3,935
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$390,0002$195,0000.38%32.501.01%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,000$3,935
Year Total$12,000$47,220
Expense
Total$10,510$10,510
Net Operating Income$1,490$36,710
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4719 $13066 $17785 $1483
Total         $4,719 $13,066 $17,785   $-16,295 $4,719 $-11,576
Stabilized         $4,719 $13,066 $17,785   $18,925 $4,719 $23,644
Custom         $4719 $13066 $17785   $18925 $4719 $23644




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1292,5001,4833861,0973861,0971,483
2292,1141,4833881,0957742,1922,966
3291,7261,4833891,0941,1633,2864,449
4291,3371,4833901,0931,5534,3795,932
5290,9471,4833921,0911,9455,4707,415
6290,5551,4833931,0902,3396,5598,898
7290,1611,4833951,0882,7337,64810,381
8289,7671,4833961,0873,1308,73411,864
9289,3701,4833981,0853,5289,81913,347
10288,9721,4833991,0843,92710,90314,830
11288,5731,4834011,0824,32811,98516,313
12288,1721,4834021,0814,73013,06617,796
13287,7701,4834041,0795,13414,14519,279

Explore Nearby Neighborhoods

LakeviewNearby Neighborhoods X Plus Real Estate

Lakeview

AvondaleNearby Neighborhoods X Plus Real Estate

Avondale

Irving ParkNearby Neighborhoods X Plus Real Estate

Irving Park

Listing Agent: Ernesto Escalante
Listing Office: Millennial Realty Inc
1422 W. Diversey Pkwy 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.