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3 Flat 4833 Warwick Chi Portage Park Chicago IL

City: CHICAGO ZIP: 60641

Built In: 1968

Lot Size: Oversized Chicago Lot

Lot Dimensions: 32X124X31X124

Lot Description: Fenced Yard,

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1375

Unit 2 Floor 1: 3 bedrooms 1 baths $1350

Unit 3 Floor G: 2 bedrooms 1 baths $1000

Gross Income $48,425

Net Op. Income $24,849

Detailed Listing Description

Terrific opportunity to add to your investment portfolio. Fully occupied, brick and stone two-flat. First and second floors each have three bedrooms, one bath; finished garden level has two additional bedrooms, laundry and utilities. Property also features a new roof in 2012, thermopane windows, fenced yard, 2.5 car garage, low maintenance landscaping with brick paver backyard. Units have hardwood, granite and ceramic floors; granite countertops; all separate utilities; forced air and central air on first and second floors. Close to six corners shopping area, public transportation, restaurants and more. Call listing agent for more information and to schedule your private viewing. Start the year off right making a great investment in your future.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s), Transmitter(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 1None,
  • Tenant Pays Unit 2None,
  • Tenant Pays Unit 3None,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Central Air Conditioner, Fireplace-Artificial, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Central Air Conditioner, Hardwood Floors,
  • Appliances Unit 3Stove, Refrigerator,
Schools
  • Grade SchoolGRAY ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolGRAY ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolSCHURZ HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 10% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 3% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $44,700 Monthly $3,725
Rental Income Stabilized : Annual $47,400 Monthly $3,950
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$475,0003$158,3335.04%10.630.83%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,725$3,950
Year Total$44,700$47,400
Expense
Total$20,751$20,751
Net Operating Income$23,949$26,649
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5748 $15914 $21662 $1806
Total         $5,748 $15,914 $21,662   $2,287 $5,748 $8,035
Stabilized         $5,748 $15,914 $21,662   $4,987 $5,748 $10,735
Custom         $5748 $15914 $21662   $4987 $5748 $10735




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1356,2501,8064701,3364701,3361,806
2355,7801,8064721,3349422,6703,612
3355,3081,8064741,3321,4154,0035,418
4354,8351,8064751,3311,8915,3337,224
5354,3591,8064771,3292,3686,6629,030
6353,8821,8064791,3272,8477,98910,836
7353,4031,8064811,3253,3289,31412,642
8352,9221,8064831,3233,81010,63814,448
9352,4401,8064841,3224,29511,95916,254
10351,9551,8064861,3204,78113,27918,060
11351,4691,8064881,3185,26914,59719,866
12350,9811,8064901,3165,75915,91321,672
13350,4911,8064921,3146,25017,22823,478

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Listing Agent: Sally Haynes
Listing Office: Keller Williams Rlty Partners
7349 W Howard St 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.