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2 Flat 3312 Cullom Chi Irving Park Chicago IL M

City: CHICAGO ZIP: 60618

Built In: 1911

Lot Size: Standard Chicago Lot

Lot Dimensions: 32 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1100

Unit 2 Floor 2: 2 bedrooms 1 baths $1000

Detailed Listing Description

Classic brick 2-flat with great curb appeal in Irving Park. Each unit over 1450 sq ft. Hardwood flooring. Building has many recent improvements including tuck pointing, new roof, newer windows and furnace. Enclosed porches. Near Brown Line, easy access to highway. Won't last.

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 1None,
  • Tenant Pays Unit 2Electric, Gas,
Appliances
  • Appliances Unit 1Garage/Space,
  • Appliances Unit 2Stove, Refrigerator,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolROOSEVELT HIGH SCHOOL
  • 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 7% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 4% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $25,200 Monthly $2,100
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$449,0002$224,5001.90%17.820.65%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,100$2,933
Year Total$25,200$35,196
Expense
Total$16,647$16,647
Net Operating Income$8,553$18,549
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5433 $15043 $20476 $1707
Total         $5,433 $15,043 $20,476   $-11,923 $5,433 $-6,490
Stabilized         $5,433 $15,043 $20,476   $-1,927 $5,433 $3,506
Custom         $5433 $15043 $20476   $-1927 $5433 $3506




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1336,7501,7074441,2634441,2631,707
2336,3061,7074461,2618902,5243,414
3335,8601,7074481,2591,3383,7835,121
4335,4121,7074491,2581,7875,0416,828
5334,9631,7074511,2562,2386,2978,535
6334,5121,7074531,2542,6907,55210,242
7334,0601,7074541,2533,1458,80411,949
8333,6051,7074561,2513,60010,05613,656
9333,1501,7074581,2494,05811,30515,363
10332,6921,7074591,2484,51812,55217,070
11332,2321,7074611,2464,97913,79818,777
12331,7711,7074631,2445,44215,04220,484
13331,3081,7074651,2425,90616,28522,191

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Listing Agent: Musa Salem
Listing Office: Weichert Realtors Ambassador
2250 GOLF RD HOFFMAN ESTATES

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