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2 Flat 860 Francisco Chi West Town Chicago IL M

City: Chicago ZIP: 60622

Built In: 1905

Lot Size: A

Lot Dimensions: 30' X 123'

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

This exceptional Chicago classic brick 2-unit building is ideal for owner occupant/investment or conversion to a single-family home. This rare well-maintained building has been in one family for over 40 years. It has beautiful original wood work. New improved kitchens, baths. Refinished hardwood floors, recent tuck pointing, 2-year back yard patio, 2017 new garage roof and door. 2-year membrane roof with a fresh coat. 2 separate furnaces for each unit with connections setup for AC. Separate utilities. Full unfinished basement extra clean. Both units have a vintage charm. The neighborhood has seen rapid appreciation and growing fast. The building has solid bones. A must see! Price to sell!!

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,N,P,Q,S
  • Appliances Unit 2A,B,N,P,Q,S
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 11% more than other 2 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 21% more than other 2 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 $35,664 Monthly $2,972
Rental Income Stabilized : Annual $44,580 Monthly $3,715
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,972$3,715
Year Total$35,664$44,580
Net Operating Income$17,195$26,111
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5746 $15911 $21657 $1805
Total         $5,746 $15,911 $21,657   $-4,462 $5,746 $1,284
Stabilized         $5,746 $15,911 $21,657   $4,454 $5,746 $10,200
Custom         $5746 $15911 $21657   $4454 $5746 $10200

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Hugo Araujo
Listing Office: Coldwell Banker Residential
1528 West Melrose Street Chicago

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