Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









3 Flat 3230 Seminary Chi Lake View Chicago IL M

City: CHICAGO ZIP: 60657

Built In: 1995

Lot Size: Less Than .25 Acre

Lot Dimensions: 25 X 125

# of Units: 3

Unit 1 Floor 1: 4 bedrooms 3 baths $4200

Unit 2 Floor 2: 2 bedrooms 2 baths $2640

Unit 3 Floor 3: 3 bedrooms 3 baths $3450

Gross Income $12,348

Net Op. Income $99,384

Detailed Listing Description

Massive 4 story, 3 unit building located less than 2 blocks to the Belmont train line. This 1995 built consists of a 4 bed/3 bath duplex down with additional living room, 2 bed/2 bath simplex, 3 bed/3 bath duplex up with additional loft space. Huge layouts, all king size bedrooms, back decks, and 3 tandem parking spots. Buy to rent as is or huge potential to upgrade each unit.

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces6
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
  • Tenant Pays Unit 3Electric, Gas, Heat,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Gas, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Gas, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet,
  • Appliances Unit 3Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Gas, Laundry Hook-Up, Walk-In Closet,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60657

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,088,824 to $1,836,727
This listing is 42% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 49% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $123,480 Monthly $10,290
Rental Income Stabilized : Annual $123,816 Monthly $10,318
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,550,0003$516,6676.02%12.550.67%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$10,290$10,318
Year Total$123,480$123,816
Expense
Total$30,136$30,136
Net Operating Income$93,344$93,680
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $18754 $51929 $70683 $5891
Total         $18,754 $51,929 $70,683   $22,661 $18,754 $41,415
Stabilized         $18,754 $51,929 $70,683   $22,997 $18,754 $41,751
Custom         $18754 $51929 $70683   $22997 $18754 $41751




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
11,162,5005,8911,5324,3591,5324,3595,891
21,160,9685,8911,5374,3543,0698,71311,782
31,159,4315,8911,5434,3484,61213,06117,673
41,157,8885,8911,5494,3426,16117,40323,564
51,156,3395,8911,5554,3367,71621,73929,455
61,154,7845,8911,5614,3309,27626,07035,346
71,153,2245,8911,5664,32510,84330,39441,237
81,151,6575,8911,5724,31912,41534,71347,128
91,150,0855,8911,5784,31313,99339,02653,019
101,148,5075,8911,5844,30715,57743,33358,910
111,146,9235,8911,5904,30117,16747,63464,801
121,145,3335,8911,5964,29518,76351,92970,692
131,143,7375,8911,6024,28920,36556,21876,583

Explore Nearby Neighborhoods

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

Listing Agent: Roman Serra
Listing Office: Spaces Real Estate LLC
3223 N Sheffield Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.