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4 Flat 4157 Central Park Chi Irving Park Chicag

City: CHICAGO ZIP: 60618

Built In: 1917

Lot Size: Less Than .25 Acre

Lot Dimensions: 4329

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 1: 2 bedrooms 1 baths $0

Unit 4 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

You will not find anything better than this! 4 unit brick on the corner of Central park and Berteau in desired Irving Park location. The property features hardwood floors, large windows, spacious rooms, unfinished basement and 3 parking spaces in the back. Bring your ideas... With some small improvements you can charge higher rents and make it into an awesome investment. Take advantage now, at this price, it will not last long.

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces3
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1Electric, Gas,
  • Tenant Pays Unit 2Electric, Gas,
  • Tenant Pays Unit 3Electric, Gas,
  • Tenant Pays Unit 4Electric, Gas,
  • Appliances Unit 1None,
  • Appliances Unit 2None,
  • Appliances Unit 3None,
  • Appliances Unit 4None,
  • 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 37% more than other 4 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 20% more than other 4 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $56,314 Monthly $4,693
Rental Income Stabilized : Annual $70,392 Monthly $5,866
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,693$5,866
Year Total$56,314$70,392
Net Operating Income$35,972$50,050
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6170 $17083 $23253 $1938
Total         $6,170 $17,083 $23,253   $12,719 $6,170 $18,889
Stabilized         $6,170 $17,083 $23,253   $26,797 $6,170 $32,967
Custom         $6170 $17083 $23253   $26797 $6170 $32967

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Angel Aguilar
Listing Office: RE/MAX Fidelity
2137 N Cicero Ave. Chicago

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