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2 Flat 2639 Avers Chi Logan Square Chicago IL M

City: CHICAGO ZIP: 60647

Built In: 1901

Lot Size: Less Than .25 Acre

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 1 bedrooms 1 baths $0

Detailed Listing Description

Great investment opportunity~ Building needs HEAD to TOE renovation~ Sold "As-is"~ Great location

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, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
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 37% 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 39% 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 $33,168 Monthly $2,764
Rental Income Stabilized : Annual $41,460 Monthly $3,455
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$325,0002$162,5006.84%9.801.06%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,764$3,455
Year Total$33,168$41,460
Expense
Total$10,942$10,942
Net Operating Income$22,226$30,518
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3933 $10889 $14822 $1236
Total         $3,933 $10,889 $14,822   $7,404 $3,933 $11,337
Stabilized         $3,933 $10,889 $14,822   $15,696 $3,933 $19,629
Custom         $3933 $10889 $14822   $15696 $3933 $19629




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1243,7501,2363229143229141,236
2243,4281,2363239136451,8272,472
3243,1051,2363249129692,7393,708
4242,7811,2363269101,2953,6494,944
5242,4551,2363279091,6224,5586,180
6242,1281,2363289081,9505,4667,416
7241,8001,2363299072,2796,3738,652
8241,4711,2363309062,6107,2789,888
9241,1401,2363329042,9418,18311,124
10240,8091,2363339033,2749,08612,360
11240,4761,2363349023,6089,98813,596
12240,1421,2363359013,94410,88814,832
13239,8061,2363378994,28111,78716,068

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Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

Listing Agent: Rita Neri
Listing Office: RE/MAX Premier
340 E. Randolph, unit 1901 Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.