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3 Flat 2634 Lawndale Chi Logan Square Chicago I

City: CHICAGO ZIP: 60647

Built In: 1910

Lot Size: Oversized Chicago Lot

Lot Dimensions: 38X125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1728

Unit 2 Floor 2: 3 bedrooms 1 baths $1700

Unit 3 Floor 3: 3 bedrooms 1 baths $1553

Detailed Listing Description

This 3-unit occupied, renovated property is an investor's dream and is cash flowing day 1! The property is a newly renovated 3-flat, with each unit features 3 bedrooms and 1 bathroom. In-unit features include: Energy Star Rated Stainless Steel Appliances, LED Lighting, Quartz Countertops, Washer/Dryer, and an Open Concept Layout. Energy Efficient Features can save you more than $500 a year! Elegant finishes and impeccable natural light make this property one of a kind.

Additional Property Details

Garage & Parking
  • 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,
  • Tenant Pays Unit 3All,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Hardwood Floors,
  • Appliances Unit 3Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Hardwood Floors,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 13% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 1% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $59,772 Monthly $4,981
Rental Income Stabilized : Annual $59,400 Monthly $4,950
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$699,0003$233,0006.08%11.690.71%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,981$4,950
Year Total$59,772$59,400
Expense
Total$17,277$17,277
Net Operating Income$42,495$42,123
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8458 $23419 $31877 $2657
Total         $8,458 $23,419 $31,877   $10,618 $8,458 $19,076
Stabilized         $8,458 $23,419 $31,877   $10,246 $8,458 $18,704
Custom         $8458 $23419 $31877   $10246 $8458 $18704




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1524,2502,6576911,9666911,9662,657
2523,5592,6576941,9631,3853,9295,314
3522,8652,6576961,9612,0815,8907,971
4522,1692,6576991,9582,7807,84810,628
5521,4702,6577011,9563,4819,80413,285
6520,7692,6577041,9534,18511,75715,942
7520,0652,6577071,9504,89213,70718,599
8519,3582,6577091,9485,60215,65421,256
9518,6482,6577121,9456,31417,59923,913
10517,9362,6577151,9427,02819,54226,570
11517,2222,6577171,9407,74621,48129,227
12516,5042,6577201,9378,46623,41831,884
13515,7842,6577231,9349,18925,35234,541

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Listing Agent: James Athanasopoulos
Listing Office: NHR Brokerage LLC
111 S. Wacker Dr Chicago

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