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3 Flat 4533 Kimball Chi Albany Park Chicago IL

City: CHICAGO ZIP: 60625

Built In: 1914

Lot Size: Less Than .25 Acre

Lot Dimensions: 30X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1300

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 SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric,
  • Tenant Pays Unit 2Electric,
  • Tenant Pays Unit 3Electric,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Hardwood Floors,
  • Appliances Unit 3Stove, Refrigerator, Hardwood Floors,
Schools
  • 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 29% 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 17% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $40,800 Monthly $3,400
Rental Income Stabilized : Annual $52,056 Monthly $4,338
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$459,0003$153,0004.69%11.250.95%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,400$4,338
Year Total$40,800$52,056
Expense
Total$19,254$19,254
Net Operating Income$21,546$32,802
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5554 $15378 $20932 $1745
Total         $5,554 $15,378 $20,932   $614 $5,554 $6,168
Stabilized         $5,554 $15,378 $20,932   $11,870 $5,554 $17,424
Custom         $5554 $15378 $20932   $11870 $5554 $17424




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1344,2501,7454541,2914541,2911,745
2343,7961,7454561,2899102,5803,490
3343,3401,7454571,2881,3673,8685,235
4342,8831,7454591,2861,8265,1546,980
5342,4241,7454611,2842,2876,4388,725
6341,9631,7454631,2822,7507,72010,470
7341,5001,7454641,2813,2149,00112,215
8341,0361,7454661,2793,68110,27913,960
9340,5691,7454681,2774,14811,55715,705
10340,1021,7454701,2754,61812,83217,450
11339,6321,7454711,2745,08914,10619,195
12339,1611,7454731,2725,56315,37720,940
13338,6871,7454751,2706,03716,64822,685

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

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