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4 Flat 834 Mozart Chi West Town Chicago IL Mu I

City: CHICAGO ZIP: 60622

Built In: 1883

Lot Size: Standard Chicago Lot

Lot Dimensions: 3000 SF

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $900

Unit 3 Floor 1: 2 bedrooms 1 baths $875

Unit 4 Floor 2: 2 bedrooms 1 baths $700

Detailed Listing Description

Brick 4 Unit building ideal for rehab or long term investors. Lots of new construction and rehabbing going on in this neighborhood. Roof appox. 1 year old. Back porch approx. 2 years old

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,
  • Tenant Pays Unit 2Electric, Gas,
  • Tenant Pays Unit 3Electric, Gas,
  • Tenant Pays Unit 4Electric, Gas,
Appliances
  • Appliances Unit 1None,
  • Appliances Unit 2None,
  • Appliances Unit 3None,
  • Appliances Unit 4None,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 54% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 57% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $29,700 Monthly $2,475
Rental Income Stabilized : Annual $81,648 Monthly $6,804
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$449,9004$112,4752.80%15.151.51%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,475$6,804
Year Total$29,700$81,648
Expense
Total$17,089$17,089
Net Operating Income$12,611$64,559
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5444 $15073 $20517 $1710
Total         $5,444 $15,073 $20,517   $-7,906 $5,444 $-2,462
Stabilized         $5,444 $15,073 $20,517   $44,042 $5,444 $49,486
Custom         $5444 $15073 $20517   $44042 $5444 $49486




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1337,4251,7104451,2654451,2651,710
2336,9801,7104461,2648912,5293,420
3336,5341,7104481,2621,3393,7915,130
4336,0861,7104501,2601,7895,0516,840
5335,6361,7104511,2592,2406,3108,550
6335,1851,7104531,2572,6937,56710,260
7334,7321,7104551,2553,1488,82211,970
8334,2771,7104561,2543,60410,07613,680
9333,8211,7104581,2524,06211,32815,390
10333,3631,7104601,2504,52212,57817,100
11332,9031,7104621,2484,98413,82618,810
12332,4411,7104631,2475,44715,07320,520
13331,9781,7104651,2455,91216,31822,230

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Listing Agent: Jerry Mustafa
Listing Office: Golden Arrow Realty Inc.
6741 W. Belmont Chicago

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