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2 Flat 415 Central Park Chi Humboldt Park Chica

City: CHICAGO ZIP: 60624

Built In: 1909

Lot Size: Oversized Chicago Lot

Lot Dimensions: 32X159

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $00

Unit 2 Floor 2: 3 bedrooms 1 baths $00

Detailed Listing Description

* Brick 2 unit building in south Humboldt Park neighborhood, Garfield park Area. 3beds 1bath each unit, full basement . Detached 2 car Brick garage. Walking distance to Garfield Conservatory. New windows, tuck pointing roof done recently. Seller has a new Survey No Violation currently, zoning is in water cert. is in selling AS-IS. Please CASH-ONLY CLOSING WITHIN 15 DAYS OF CONTRACT SIGNING. PER SELLER. NO 203K OR HARD MONEY OFFERS, PLEASE.

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
Utilities
  • Tenant Pays Unit 1None,
  • Tenant Pays Unit 2None,
Appliances
  • Appliances Unit 1None,
  • Appliances Unit 2None,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60624

Listings in this Zip Code average: 2 to 3 units, and are priced at $130,267 to $183,760
This listing is 23% 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 55% 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 $1,956 Monthly $163
Rental Income Stabilized : Annual $2,445 Monthly $204
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$99,9992$50,000-10.19%51.122.45%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$163$204
Year Total$1,956$2,445
Expense
Total$12,149$12,149
Net Operating Income$-10,193$-9,704
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1210 $3351 $4561 $381
Total         $1,210 $3,351 $4,561   $-14,754 $1,210 $-13,544
Stabilized         $1,210 $3,351 $4,561   $-14,265 $1,210 $-13,055
Custom         $1210 $3351 $4561   $-14265 $1210 $-13055




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
175,000381100281100281381
274,900381100281200562762
374,8003811002813008431,143
474,7003811012804011,1231,524
574,5993811012805031,4021,905
674,4973811022796041,6822,286
774,3963811022797061,9612,667
874,2943811022798092,2393,048
974,1913811032789112,5183,429
1074,0893811032781,0152,7953,810
1173,9853811042771,1183,0734,191
1273,8823811042771,2223,3504,572
1373,7783811042771,3263,6274,953

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Listing Agent: Thomas Slaughter
Listing Office: Citywide Investor Inc
4019 W. Gladys Ave. Unit1 Chicago

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