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2 Flat 3722 Leland Albany Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60625

Built In: 1923

Lot Size: K

Lot Dimensions: 30 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWN

Unit 2 Floor 2: 2 bedrooms 1 baths $1300

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 DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • 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 24% 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 4% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $30,876 Monthly $2,573
Rental Income Stabilized : Annual $34,860 Monthly $2,905
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,573$2,905
Year Total$30,876$34,860
Net Operating Income$14,312$18,296
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4828 $13368 $18196 $1517
Total         $4,828 $13,368 $18,196   $-3,884 $4,828 $944
Stabilized         $4,828 $13,368 $18,196   $100 $4,828 $4,928
Custom         $4828 $13368 $18196   $100 $4828 $4928

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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

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