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2 Flat 5712 Leland Chi Portage Park Chicago IL

City: CHICAGO ZIP: 60630

Built In: 1924

Lot Size: Less Than .25 Acre

Lot Dimensions: 33 X 125

Lot Description: Fenced Yard,

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Just when you thought you couldn't find the perfect place... This one came along! A truly unique & beautiful property, this brick bungalow 2-Flat has been family-owned for quite a long time, and very well cared for. Newly rehabbed and lovingly restored, with great attention to detail throughout. Brand new kitchen in main unit has custom cabinetry, with quartz countertops & stainless appliances. Beautifully updated kitchen in upstairs unit. All-new bathrooms with exquisite custom tile and new vanities! Gorgeous restored Hardwood Floors throughout the building. Copper plumbing and updated electrical throughout. Main floor has 3 Bedrooms & 2 Bathrooms, with duplex down to lower level. (Lower level provides possible in-law living situation with extra kitchen area & separate bathroom) 2nd Floor rental unit is wonderfully restored & updated, with 2 bedrooms & 1 bathroom, ready to rent out or move right into. This is the property you've been waiting for - Don't let it slip away!

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s), Transmitter(s), 7 Foot or more high garage door,
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric,
  • Tenant Pays Unit 2Electric,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Fireplace-Gas, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Hardwood Floors,
Schools
  • Grade SchoolPRUSSING ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolPRUSSING ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolTAFT HIGH SCHOOL
  • 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 3% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 13% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $34,560 Monthly $2,880
Rental Income Stabilized : Annual $43,200 Monthly $3,600
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$399,0002$199,5005.25%11.550.90%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,880$3,600
Year Total$34,560$43,200
Expense
Total$13,632$13,632
Net Operating Income$20,928$29,568
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4828 $13368 $18196 $1517
Total         $4,828 $13,368 $18,196   $2,732 $4,828 $7,560
Stabilized         $4,828 $13,368 $18,196   $11,372 $4,828 $16,200
Custom         $4828 $13368 $18196   $11372 $4828 $16200




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1299,2501,5173951,1223951,1221,517
2298,8551,5173961,1217912,2433,034
3298,4591,5173981,1191,1893,3624,551
4298,0611,5173991,1181,5884,4806,068
5297,6621,5174011,1161,9895,5967,585
6297,2611,5174021,1152,3916,7119,102
7296,8591,5174041,1132,7957,82410,619
8296,4551,5174051,1123,2008,93612,136
9296,0501,5174071,1103,60710,04613,653
10295,6431,5174081,1094,01511,15515,170
11295,2351,5174101,1074,42512,26216,687
12294,8251,5174111,1064,83713,36718,204
13294,4131,5174131,1045,25014,47119,721

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Listing Agent: Matthew Diehl
Listing Office: Compass
1726 Dixon Dr. Lisle

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