3 Flat 1230 Ohio West Town Chicago IL Mu Investme| Chicago Property Listings – X Plus Real Estate

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3 Flat 1230 Ohio West Town Chicago IL Mu Investme

City: CHICAGO ZIP: 60642

Built In: 1887

Lot Size: A

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
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Appliances Unit 1A,B,C,D,F
  • Appliances Unit 2A,B,C,D,F
  • Appliances Unit 3A,B,C,D,F
  • 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
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,600$4,616
Year Total$67,200$55,392
Net Operating Income$38,768$26,960
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $11494 $31825 $43319 $3610
Total         $11,494 $31,825 $43,319   $-4,551 $11,494 $6,943
Stabilized         $11,494 $31,825 $43,319   $-16,359 $11,494 $-4,865
Custom         $11494 $31825 $43319   $-16359 $11494 $-4865

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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

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