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3 Flat 1230 Ohio Chi West Town Chicago IL Mu In

City: CHICAGO ZIP: 60642

Built In: 1887

Lot Size: Less Than .25 Acre

Lot Dimensions: 25X128

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1750

Unit 2 Floor 2: 2 bedrooms 1 baths $1750

Unit 3 Floor 1: 3 bedrooms 1 baths $2100

Detailed Listing Description

Great rental unit or build new two-flat. It's up to you! Excellent location near downtown, parks, restaurants. Or a tar-down, rebuild and make money! The choice is yours! Easy access to major highways. Just come and get it!

Additional Property Details

Garage & Parking
  • ParkingNone,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas,
  • Tenant Pays Unit 2Electric, Gas,
  • Tenant Pays Unit 3Electric, Gas,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Washer, Dryer, Microwave,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Microwave,
  • Appliances Unit 3Stove, Refrigerator, Washer, Dryer, Microwave,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60642

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,047,408 to $1,264,667
This listing is 9% more than other 3 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 9% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $67,200 Monthly $5,600
Rental Income Stabilized : Annual $55,392 Monthly $4,616
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$949,9003$316,6334.63%14.140.49%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,600$4,616
Year Total$67,200$55,392
Expense
Total$23,182$23,182
Net Operating Income$44,018$32,210
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $11494 $31825 $43319 $3610
Total         $11,494 $31,825 $43,319   $699 $11,494 $12,193
Stabilized         $11,494 $31,825 $43,319   $-11,109 $11,494 $385
Custom         $11494 $31825 $43319   $-11109 $11494 $385




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1712,4253,6109382,6729382,6723,610
2711,4873,6109422,6681,8805,3407,220
3710,5453,6109452,6652,8268,00410,830
4709,5993,6109492,6613,77510,66514,440
5708,6503,6109532,6574,72713,32318,050
6707,6983,6109562,6545,68315,97721,660
7706,7423,6109602,6506,64318,62725,270
8705,7823,6109632,6477,60721,27328,880
9704,8183,6109672,6438,57323,91732,490
10703,8523,6109712,6399,54426,55636,100
11702,8813,6109742,63610,51829,19239,710
12701,9073,6109782,63211,49631,82443,320
13700,9293,6109822,62812,47834,45246,930

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Listing Agent: Eugene Kislenko
Listing Office: Prestige Realty, Inc
5162 Aptakisic Road Long Grove

© 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.