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3 Flat 3148 Christiana Chi Avondale Chicago IL

City: CHICAGO ZIP: 60618

Built In: 1901

Lot Size: Oversized Chicago Lot

Lot Dimensions: 50X125

Lot Description: Fenced Yard,

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Unit 3 Floor 3: 2 bedrooms 1 baths $0

Detailed Listing Description

3 flat on a large dobule lot in the desirable Avondale neighborhood. 1/2 block away from the Ohare blue line, highway, and across the street from shopping and restaurants. Full, unfinished basement Possible in-law arrangement in attic. Rent one of the units and rent the others for a reduced mortgage payment.

Additional Property Details

Garage & Parking
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage, Space/s,
  • Number of Parking Spaces2
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
  • Tenant Pays Unit 3Electric, Gas, Heat,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Central Air Conditioner,
  • Appliances Unit 2Stove, Refrigerator, Central Air Conditioner,
  • Appliances Unit 3Stove, Refrigerator, Central Air Conditioner,
Schools
  • 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 6% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 11% 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 $46,051 Monthly $3,838
Rental Income Stabilized : Annual $57,564 Monthly $4,797
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$550,0003$183,3335.30%11.940.87%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,838$4,797
Year Total$46,051$57,564
Expense
Total$16,913$16,913
Net Operating Income$29,138$40,651
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6655 $18427 $25082 $2091
Total         $6,655 $18,427 $25,082   $4,056 $6,655 $10,711
Stabilized         $6,655 $18,427 $25,082   $15,569 $6,655 $22,224
Custom         $6655 $18427 $25082   $15569 $6655 $22224




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1412,5002,0915441,5475441,5472,091
2411,9562,0915461,5451,0903,0924,182
3411,4102,0915481,5431,6394,6346,273
4410,8612,0915501,5412,1896,1758,364
5410,3112,0915521,5392,7417,71410,455
6409,7592,0915541,5373,2969,25012,546
7409,2042,0915561,5353,85210,78514,637
8408,6482,0915591,5324,41112,31716,728
9408,0892,0915611,5304,97113,84818,819
10407,5292,0915631,5285,53415,37620,910
11406,9662,0915651,5266,09916,90223,001
12406,4012,0915671,5246,66618,42625,092
13405,8342,0915691,5227,23519,94827,183

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Listing Agent: Jose Guillu
Listing Office: United Real Estate - Chicago
262 Bennett Drive Carol Stream

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