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2 Flat 4040 Hirsch Chi Humboldt Park Chicago IL

City: CHICAGO ZIP: 60651

Built In: U

Lot Size: Less Than .25 Acre

Lot Dimensions: 25 X 125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Attention Investors!! Legal brick 2-Flat with 3bdr/1bth units. Full unfinished basement and 2 exterior spaces. Motivated seller!

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces2
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1None,
  • Tenant Pays Unit 2None,
Appliances
  • Appliances Unit 1Hardwood Floors,
  • Appliances Unit 2Hardwood Floors,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 41% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 49% 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 $2,110 Monthly $176
Rental Income Stabilized : Annual $2,638 Monthly $220
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$115,0002$57,500-9.89%54.492.29%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$176$220
Year Total$2,110$2,638
Expense
Total$13,487$13,487
Net Operating Income$-11,377$-10,849
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1392 $3853 $5245 $438
Total         $1,392 $3,853 $5,245   $-16,622 $1,392 $-15,230
Stabilized         $1,392 $3,853 $5,245   $-16,094 $1,392 $-14,702
Custom         $1392 $3853 $5245   $-16094 $1392 $-14702




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
186,250438115323115323438
286,135438115323230646876
386,0204381153233459691,314
485,9054381163224611,2911,752
585,7894381163225771,6132,190
685,6734381173216941,9342,628
785,5564381173218112,2553,066
885,4394381183209292,5753,504
985,3214381183201,0472,8953,942
1085,2034381183201,1653,2154,380
1185,0854381193191,2843,5344,818
1284,9664381193191,4033,8535,256
1384,8474381203181,5234,1715,694

Explore Nearby Neighborhoods

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Humboldt ParkNearby Neighborhoods X Plus Real Estate

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Irving ParkNearby Neighborhoods X Plus Real Estate

Irving Park

Listing Agent: Tamika Neal
Listing Office: CT Urbanliving Real Estate LLC
9154 Lincolnwood Dr Evanston

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