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3 Flat 4533 Kimball Chi Albany Park Chicago IL

City: CHICAGO ZIP: 60625

Built In: 1914

Lot Size: A

Lot Dimensions: 30X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $1300

Unit 3 Floor G: 2 bedrooms 1 baths $800

Detailed Listing Description

Brick 3-Flat is a Great Investment Property in Albany Park! Features include all 2 bedroom, 1 baths with hardwood floors, living rooms with decorative fireplace, heated sunroom & formal dining rooms. Eat-in kitchens with ceramic floors & heated back porch. 2nd floor with Jacuzzi. Newer roof & updated electrical. First Floor apartment just finished with complete rehab of plaster wall to drywall and removal of carpet to hardwood floors. Kitchen was updated a few years back wrong with electrical and bath. Buyers must put a minimum of 10% down. Some New windows as well.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B
  • Appliances Unit 1A,B,S
  • Appliances Unit 2A,B,S
  • Appliances Unit 3A,B,S
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 33% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 21% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $25,200 Monthly $2,100
Rental Income Stabilized : Annual $52,056 Monthly $4,338
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,100$4,338
Year Total$25,200$52,056
Net Operating Income$5,076$31,932
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5262 $14571 $19833 $1653
Total         $5,262 $14,571 $19,833   $-14,757 $5,262 $-9,495
Stabilized         $5,262 $14,571 $19,833   $12,099 $5,262 $17,361
Custom         $5262 $14571 $19833   $12099 $5262 $17361

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Chaz Walters
Listing Office: Coldwell Banker Residential
1240 W. Henderson Chicago

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