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4 Flat 2451 Marshfield Chi Lincoln Park Chicago
Price: $1,095,000
MLS #: 10135821
Status: Active
4 Flat 2451 Marshfield Chi Lincoln Park Chicago
City: CHICAGO ZIP: 60614
Built In: 1876
Lot Size: Standard Chicago Lot
Lot Dimensions: 25X125
Lot Description: Corner,
# of Units: 4
Unit 1 Floor 1: 2 bedrooms 1 baths $1775
Unit 2 Floor 1: 1 bedrooms 1 baths $1650
Unit 3 Floor 2: 2 bedrooms 2 baths $1875
Unit 4 Floor 2: 1 bedrooms 1 baths $2300
Gross Income $68,160
Net Op. Income $48,625
Detailed Listing Description
Legal 4 flat on a corner lot in Lincoln Park. 3 duplexes and a simplex. Large decks- two and a half car garage. top floor duplex unit can be converted to a three bedroom/2 bath. Incredible value add opportunity
Additional Property Details
Garage & Parking
- Gargage DetailsGarage Door Opener(s),
- Gargage On SiteYes
- Gargage OwnershipOwned
- Gargage TypeDetached,
- Number of Gargage Spaces2.5
- ParkingGarage,
- Number of Parking Spaces0
- Parking Fee/Lease Amount0
Utilities
- Tenant Pays Unit 1Electric, Gas,
- Tenant Pays Unit 2Electric, Gas,
- Tenant Pays Unit 3Electric, Gas, Parking,
- Tenant Pays Unit 4None,
Appliances
- Appliances Unit 1Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood,
- Appliances Unit 2Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner,
- Appliances Unit 3Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood,
- Appliances Unit 4Stove, Refrigerator, Window Air Conditioner, Hardwood Floors,
Schools
- Grade School District299
- Jr High/Middle School District299
- High School District299
Comparative Data
Zip Code Comparison: 60614
Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000This listing is 25% more than other 4 unit listings in this zipcode.
Neighborhood Comparison:
CHI - Lincoln Park
Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429This listing is 30% more than other 4 unit listings in this neighborhood.
Calculated Rents
Rental Income : Annual $91,200 Monthly $7,600
Rental Income Stabilized : Annual $95,700 Monthly $7,975
| Month | Balance | Payment | Principal | Interest | Equity | Total Interest | Total Payments |
|---|---|---|---|---|---|---|---|
| 1 | 821,250 | 4,162 | 1,082 | 3,080 | 1,082 | 3,080 | 4,162 |
| 2 | 820,168 | 4,162 | 1,086 | 3,076 | 2,169 | 6,155 | 8,324 |
| 3 | 819,081 | 4,162 | 1,090 | 3,072 | 3,259 | 9,227 | 12,486 |
| 4 | 817,991 | 4,162 | 1,095 | 3,067 | 4,354 | 12,294 | 16,648 |
| 5 | 816,896 | 4,162 | 1,099 | 3,063 | 5,452 | 15,358 | 20,810 |
| 6 | 815,798 | 4,162 | 1,103 | 3,059 | 6,555 | 18,417 | 24,972 |
| 7 | 814,695 | 4,162 | 1,107 | 3,055 | 7,662 | 21,472 | 29,134 |
| 8 | 813,588 | 4,162 | 1,111 | 3,051 | 8,773 | 24,523 | 33,296 |
| 9 | 812,477 | 4,162 | 1,115 | 3,047 | 9,888 | 27,570 | 37,458 |
| 10 | 811,362 | 4,162 | 1,119 | 3,043 | 11,008 | 30,612 | 41,620 |
| 11 | 810,242 | 4,162 | 1,124 | 3,038 | 12,131 | 33,651 | 45,782 |
| 12 | 809,119 | 4,162 | 1,128 | 3,034 | 13,259 | 36,685 | 49,944 |
| 13 | 807,991 | 4,162 | 1,132 | 3,030 | 14,391 | 39,715 | 54,106 |
Explore Nearby Neighborhoods
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Listing Office: Baird & Warner
4444 N MANOR AVE Chicago
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