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2 Flat 3646 Kedzie Chi Irving Park Chicago IL M

City: CHICAGO ZIP: 60618

Built In: 1892

Lot Size: Less Than .25 Acre

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor H: 2 bedrooms 1 baths $1200

Unit 2 Floor H: 2 bedrooms 1 baths $1100

Detailed Listing Description

Don't miss this Great Opportunity to own this 2 Flat in the highly desirable area of Irving Park!! Each 2 bedroom apartment is currently leased m/m for your convenience. Rent amounts are low due to long term tenants but can be much higher! Full finished basement with washer & dryer for tenant use. Some recent updates include: windows, furnace, water heater and new vinyl flooring over hardwood floors. Spacious fenced in back yard with a 2 car garage and an additional parking space. Great location!! Only a few blocks to CTA Belmont Blue Line and/or bus on Addison, easy access to 90/94, groceries, and all the best dining and shopping in the area.

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
  • Tenant Pays Unit 1All, Water,
  • Tenant Pays Unit 2Electric, Gas,
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 21% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 12% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $27,600 Monthly $2,300
Rental Income Stabilized : Annual $27,600 Monthly $2,300
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,300$2,300
Year Total$27,600$27,600
Net Operating Income$12,439$12,439
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4597 $12728 $17325 $1444
Total         $4,597 $12,728 $17,325   $-4,886 $4,597 $-289
Stabilized         $4,597 $12,728 $17,325   $-4,886 $4,597 $-289
Custom         $4597 $12728 $17325   $-4886 $4597 $-289

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Janet Navarro
Listing Office: GMS Realty Group, LLC
627 N York St Elmhurst

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