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4 Flat 3300 Sacramento Chi Avondale Chicago IL

City: CHICAGO ZIP: 60618

Built In: 1913

Lot Size: Standard Chicago Lot

Lot Dimensions: 25X125

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $OWN

Unit 2 Floor 2: 2 bedrooms 1 baths $1100

Unit 3 Floor 1: 2 bedrooms 1 baths $1150

Unit 4 Floor 2: 2 bedrooms 1 baths $1000

Detailed Listing Description

Amazing Corner Brick 4 Unit Building in Hot East Avondale. Units were rehabbed around 2014 by the previous owner with newer kitchens, baths and separate furnaces. Units are very large and feature 2 bedrooms, 1 bath, separate living, dining rooms and large pantries in kitchen. The rents can be increased significantly. This property is perfect for owner occupier or house hacker. The property was evaluated by a structural engineer when purchased and is in good shape. Walking distance Kuma's Corner, Target, Belmont Blue Line and highway. This building will not last long.

Contact Listing Agent

Weston Harding

Weston Harding

President & Managing Broker

X Plus Team Member

View ListingsContact Weston

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 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
  • Tenant Pays Unit 3Electric, Gas, Heat,
  • Tenant Pays Unit 4Electric, Gas, Heat,
Appliances
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
  • Appliances Unit 3Stove, Refrigerator,
  • Appliances Unit 4Stove, Refrigerator,
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 14% more than other 4 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 5% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $53,232 Monthly $4,436
Rental Income Stabilized : Annual $70,392 Monthly $5,866
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$699,0004$174,7504.77%13.130.84%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,436$5,866
Year Total$53,232$70,392
Expense
Total$19,912$19,912
Net Operating Income$33,320$50,480
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   $1,443 $8,458 $9,901
Stabilized         $8,458 $23,419 $31,877   $18,603 $8,458 $27,061
Custom         $8458 $23419 $31877   $18603 $8458 $27061




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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