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2 Flat 1838 Marshfield Chi Logan Square Chicago

City: CHICAGO ZIP: 60622

Built In: U

Lot Size: Less Than .25 Acre

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $OWNE

Unit 2 Floor 2: 3 bedrooms 1 baths $OWNE

Detailed Listing Description

two flat frame w/finished basement needs work. Sold in as-is condition, very motivated seller. Call agent for showings

Additional Property Details

Garage & Parking
  • Gargage On SiteYes
  • Gargage OwnershipN/A
  • 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 1None,
  • Appliances Unit 2None,
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 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 28% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $39,768 Monthly $3,314
Rental Income Stabilized : Annual $44,376 Monthly $3,698
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$689,9002$344,9503.18%17.350.54%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,314$3,698
Year Total$39,768$44,376
Expense
Total$17,821$17,821
Net Operating Income$21,947$26,555
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8348 $23114 $31462 $2622
Total         $8,348 $23,114 $31,462   $-9,515 $8,348 $-1,167
Stabilized         $8,348 $23,114 $31,462   $-4,907 $8,348 $3,441
Custom         $8348 $23114 $31462   $-4907 $8348 $3441




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1517,4252,6226821,9406821,9402,622
2516,7432,6226841,9381,3663,8785,244
3516,0592,6226871,9352,0535,8137,866
4515,3722,6226891,9332,7427,74610,488
5514,6832,6226921,9303,4349,67613,110
6513,9912,6226951,9274,12811,60415,732
7513,2972,6226971,9254,82613,52818,354
8512,5992,6227001,9225,52515,45120,976
9511,9002,6227021,9206,22817,37023,598
10511,1972,6227051,9176,93319,28726,220
11510,4922,6227081,9147,64021,20228,842
12509,7852,6227101,9128,35123,11331,464
13509,0742,6227131,9099,06425,02234,086

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Listing Agent: Martha Luna
Listing Office: Second City Homes and Rentals
547 S. Kathleen Dr. Romeoville

© 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.