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3 Flat 3722 Leland Chi Albany Park Chicago IL M

City: CHICAGO ZIP: 60625

Built In: 1923

Lot Size: Oversized Chicago Lot

Lot Dimensions: 30 X 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $OWN

Unit 2 Floor 2: 3 bedrooms 1 baths $1300

Unit 3 Floor B: 1 bedrooms 1 baths $VAC

Detailed Listing Description

Prime Albany Park location, blocks to shopping, dining, schools, CTA brown line and more. All brick two flat with full finished basement. Beatutiful original woodwork and HWLF throughout, some has been preserved underneath carpeting. Lovingly maintained interior, solid bones throughout. Roof was done 8 years ago. First floor/owners unit has bright and sunny living room, two beds and one bath. Large closets and extra storage. Second floor has same layout, with the family room converted to third bedroom. Updated baths on each floor. Central AC on first and basement levels. Two furnaces, hot water heaters, and meters. Parking available for five cars- 2 in garage, 3 on XL gated parking pad

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s),
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2.5
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
  • Tenant Pays Unit 3None,
Appliances
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
  • Appliances Unit 3Refrigerator,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 37% more than other 3 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 25% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,540 Monthly $2,545
Rental Income Stabilized : Annual $35,064 Monthly $2,922
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$409,9003$136,6332.54%13.420.71%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,545$2,922
Year Total$30,540$35,064
Expense
Total$20,126$20,126
Net Operating Income$10,414$14,938
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4960 $13733 $18693 $1558
Total         $4,960 $13,733 $18,693   $-8,279 $4,960 $-3,319
Stabilized         $4,960 $13,733 $18,693   $-3,755 $4,960 $1,205
Custom         $4960 $13733 $18693   $-3755 $4960 $1205




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1307,4251,5584051,1534051,1531,558
2307,0201,5584071,1518122,3043,116
3306,6131,5584081,1501,2203,4544,674
4306,2051,5584101,1481,6304,6026,232
5305,7951,5584111,1472,0415,7497,790
6305,3841,5584131,1452,4546,8949,348
7304,9711,5584141,1442,8688,03810,906
8304,5571,5584161,1423,2849,18012,464
9304,1411,5584171,1413,70210,32014,022
10303,7231,5584191,1394,12111,45915,580
11303,3041,5584211,1374,54112,59717,138
12302,8841,5584221,1364,96313,73318,696
13302,4621,5584241,1345,38714,86720,254

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Listing Agent: Ashley Kaehn
Listing Office: Baird & Warner
850 N Milwaukee, 202 Chicago

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