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2 Flat 5841 Leland Chi Portage Park Chicago IL

City: CHICAGO ZIP: 60630

Built In: 1951

Lot Size: Less Than .25 Acre

Lot Dimensions: 33X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 1 bedrooms 1 baths $0

Unit 3 Floor 3: 2 bedrooms 1 baths $0

Detailed Listing Description

Beautiful and complete remodeled brick multi-unit expanded Cape-Cod, 5b/3 bath. Legal 2 unit, plus finished lower level separate unit. Floor 1: 2bed-1bath, Floor 2: 1bed-1bath, Lower level: 2b-1bath/High ceilings, separate entry. 3 new modern designer kitchens and baths with custom wood shaker cabs, custom doors, quartz counters, imported porcelain tile, Samsung SS, designer fixtures/lighting. New HVAC, water/elect/gas lines, disposal, hardwood first/second and lower level grey porcelain tile. Both furnace rooms separate from living areas. Custom blinds and closets with wardrobe install. Separate exterior entrances w/enclosed heated porches and sliding door to deck, Italian ceramic tile landings, laundry room, private yard w/new privacy fence/gates, 2C garage w/new door. Custom designer paint, all finishes/materials high-grade designer finishes.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s), Transmitter(s),
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1None,
  • Tenant Pays Unit 2None,
  • Tenant Pays Unit 3None,
Appliances
  • Appliances Unit 1Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Range Hood, Hardwood Floors, Skylights/Windows,
  • Appliances Unit 2Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Range Hood, Hardwood Floors, Skylights/Windows,
  • Appliances Unit 3Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Laundry Hook-Up, Range Hood,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 29% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 25% more than other 3 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 $36,317 Monthly $3,026
Rental Income Stabilized : Annual $45,396 Monthly $3,783
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$574,9003$191,6332.59%15.830.66%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,026$3,783
Year Total$36,317$45,396
Expense
Total$21,455$21,455
Net Operating Income$14,862$23,941
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6956 $19261 $26217 $2185
Total         $6,956 $19,261 $26,217   $-11,355 $6,956 $-4,399
Stabilized         $6,956 $19,261 $26,217   $-2,276 $6,956 $4,680
Custom         $6956 $19261 $26217   $-2276 $6956 $4680




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1431,1752,1855681,6175681,6172,185
2430,6072,1855701,6151,1383,2324,370
3430,0372,1855721,6131,7114,8446,555
4429,4642,1855751,6102,2856,4558,740
5428,8902,1855771,6082,8628,06310,925
6428,3132,1855791,6063,4419,66913,110
7427,7342,1855811,6044,02211,27315,295
8427,1532,1855831,6024,60512,87517,480
9426,5702,1855851,6005,19014,47519,665
10425,9852,1855881,5975,77816,07221,850
11425,3972,1855901,5956,36817,66724,035
12424,8072,1855921,5936,96019,26026,220
13424,2152,1855941,5917,55420,85128,405

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Listing Agent: Biju Jacob
Listing Office: Achieve Real Estate Group Inc
9153 W. Oaks Ave Des Plaines

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