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3 Flat 2421 Kimball Chi Logan Square Chicago IL

City: CHICAGO ZIP: 60647

Built In: 1900

Lot Size: Oversized Chicago Lot

Lot Dimensions: 31X138

Lot Description: Fenced Yard,

# of Units: 3

Unit 1 Floor G: 2 bedrooms 1 baths $N/A

Unit 2 Floor 1: 2 bedrooms 1 baths $N/A

Unit 3 Floor 2: 3 bedrooms 1 baths $N/A

Detailed Listing Description

Logan Square Gray Stone! This fantastic property sits on a 31x138 lot. Offering Gracious room sizes and a fantastic back yard. 3 units in total - zoned 2 flat with 1 non-conforming garden unit that you can easily duplex. All units have been updated and feature individual Gas Forced Heat and Central AC. Same owner for 30+ years. Garden unit is 2 beds 1 bath with a nice open concept kitchen / living space. Unit 1 has 2 beds + office with a traditional layout. Front living / dining combo and kitchen in the rear. 1 bath as well. 2nd floor is 3 beds with similar traditional footprint. Shared laundry for the property. 2 car garage.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s),
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage, Space/s,
  • Number of Parking Spaces1
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
  • Tenant Pays Unit 3Electric, Gas, Heat,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors,
  • Appliances Unit 3Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors,
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 25% more than other 3 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 12% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $52,248 Monthly $4,354
Rental Income Stabilized : Annual $58,416 Monthly $4,868
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$775,0003$258,3334.51%14.830.63%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,354$4,868
Year Total$52,248$58,416
Expense
Total$17,301$17,301
Net Operating Income$34,947$41,115
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9377 $25965 $35342 $2946
Total         $9,377 $25,965 $35,342   $-395 $9,377 $8,982
Stabilized         $9,377 $25,965 $35,342   $5,773 $9,377 $15,150
Custom         $9377 $25965 $35342   $5773 $9377 $15150




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1581,2502,9467662,1807662,1802,946
2580,4842,9467692,1771,5354,3575,892
3579,7152,9467722,1742,3086,5308,838
4578,9422,9467752,1713,0838,70111,784
5578,1672,9467782,1683,86010,87014,730
6577,3902,9467812,1654,64113,03517,676
7576,6092,9467842,1625,42515,19720,622
8575,8252,9467872,1596,21217,35623,568
9575,0382,9467902,1567,00119,51326,514
10574,2492,9467932,1537,79421,66629,460
11573,4562,9467962,1508,58923,81732,406
12572,6612,9467992,1479,38825,96435,352
13571,8622,9468022,14410,18928,10938,298

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Listing Agent: Matthew Liss
Listing Office: Mark Allen Realty, LLC
2015 W. Fullerton Chicago

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