3 Flat 2634 Central Park Logan Square Chicago IL | Chicago Property Listings – X Plus Real Estate

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3 Flat 2634 Central Park Logan Square Chicago IL

City: CHICAGO ZIP: 60647

Built In: 1911

Lot Size: A

Lot Dimensions: 30X125

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $OWNE

Unit 2 Floor 2: 3 bedrooms 1 baths $VCNT

Unit 3 Floor 3: 2 bedrooms 1 baths $OWNE

Detailed Listing Description

LOCATION ! LOCATION !LOGAN SQUARE. HUGE SOLID BRICK BUILDING. READY FOR REHAB .OWNER AND BROKER CANNOT GUARANTEE THE LEGALITY OF THIRD UNIT. VERY SPACIOUS AND LARGE APARTMENTS WITH 3 BEDROOM UNITS. SEP DINING & LIVING ROOM. HUGE ENCLOSED PORCH. Near transportation, schools, parks, new stores, bar and restaurants. ENCLOSED PORCH. "AS-IS" CONDITION. PLEASE READ DISCLOSURES WITH ATTACHED CITY OF CHICAGO VIOLATIONS REPORT. OFFER MUST INCLUDE PRE-APPROVAL OR PROOF OF FUNDS.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces0
  • Parking on SiteN
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
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 20% 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 28% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $52,092 Monthly $4,341
Rental Income Stabilized : Annual $61,836 Monthly $5,153
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$499,0003$166,3335.80%9.581.03%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,341$5,153
Year Total$52,092$61,836
Expense
Total$23,164$23,164
Net Operating Income$28,928$38,672
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6038 $16718 $22756 $1897
Total         $6,038 $16,718 $22,756   $6,172 $6,038 $12,210
Stabilized         $6,038 $16,718 $22,756   $15,916 $6,038 $21,954
Custom         $6038 $16718 $22756   $15916 $6038 $21954




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1374,2501,8974941,4034941,4031,897
2373,7561,8974951,4029892,8053,794
3373,2611,8974971,4001,4864,2055,691
4372,7641,8974991,3981,9855,6037,588
5372,2651,8975011,3962,4866,9999,485
6371,7641,8975031,3942,9898,39311,382
7371,2611,8975051,3923,4949,78513,279
8370,7561,8975071,3904,00111,17515,176
9370,2491,8975091,3884,50912,56417,073
10369,7411,8975101,3875,02013,95018,970
11369,2301,8975121,3855,53215,33520,867
12368,7181,8975141,3836,04616,71822,764
13368,2041,8975161,3816,56318,09824,661

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Listing Agent: Ernesto Escalante
Listing Office: Millennial Realty Inc
1422 W. Diversey Pkwy Chicago

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