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2 Flat 3546 Belden Chi Logan Square Chicago IL

City: CHICAGO ZIP: 60647

Built In: 1896

Lot Size: Less Than .25 Acre

Lot Dimensions: 25X126

Lot Description: Fenced Yard,

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Legal 2 flat with separate meters. Originally a Detached Single. So much potential here. GREAT BONES! COME SEE BEFORE IT'S GONE! 5 bd, 3 bth, w/ Fenced Yard and 2 Car Garage. Walk out basement with In-law/Studio with Bathroom and Kitchenette. Large Separate Living Room and Dining Room with Built in Curio Cabinet, Bedroom, Eat in kitchen with Pantry, and Bathroom on 1st Floor. 3 bedrooms Up with Bathroom and bonus kitchen/entertainment area. Closets Galore.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s),
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1All,
  • Tenant Pays Unit 2All,
Appliances
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
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 29% more than other 2 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 31% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $40,867 Monthly $3,406
Rental Income Stabilized : Annual $51,084 Monthly $4,257
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$369,0002$184,5007.92%9.031.15%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,406$4,257
Year Total$40,867$51,084
Expense
Total$11,650$11,650
Net Operating Income$29,217$39,434
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4465 $12363 $16828 $1403
Total         $4,465 $12,363 $16,828   $12,389 $4,465 $16,854
Stabilized         $4,465 $12,363 $16,828   $22,606 $4,465 $27,071
Custom         $4465 $12363 $16828   $22606 $4465 $27071




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1276,7501,4033651,0383651,0381,403
2276,3851,4033671,0367322,0742,806
3276,0181,4033681,0351,1003,1094,209
4275,6501,4033691,0341,4694,1435,612
5275,2811,4033711,0321,8405,1757,015
6274,9101,4033721,0312,2126,2068,418
7274,5381,4033731,0302,5857,2369,821
8274,1651,4033751,0282,9608,26411,224
9273,7901,4033761,0273,3369,29112,627
10273,4141,4033781,0253,71410,31614,030
11273,0361,4033791,0244,09311,34015,433
12272,6571,4033811,0224,47412,36216,836
13272,2761,4033821,0214,85613,38318,239

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Listing Agent: Joseph Marella
Listing Office: Keller Williams Realty Ptnr,LL
1351 WAYNE DES PLAINES

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