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2 Flat 3026 Lyndale Chi Logan Square Chicago IL

City: CHICAGO ZIP: 60647

Built In: 1887

Lot Size: Less Than .25 Acre

Lot Dimensions: 25 X 106

Lot Description: Fenced Yard,

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

GREAT LOCATION! Many new condo projects around! Property needs total rehab, but worth the investment. 1st floor used to have 2 bdrms, but they just opened to make a huge bedroom. Selling in As-Is Condition. Offers Must Have Pre-approval and/or Proof of Funds. A Must Buy! Multiple Offer Situation, Offers Will Be Submitted at 3:00 PM of 12/06.

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

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 32% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 35% 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 $30,538 Monthly $2,545
Rental Income Stabilized : Annual $38,172 Monthly $3,181
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$349,9002$174,9505.28%11.460.91%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,545$3,181
Year Total$30,538$38,172
Expense
Total$12,059$12,059
Net Operating Income$18,479$26,113
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4234 $11723 $15957 $1330
Total         $4,234 $11,723 $15,957   $2,522 $4,234 $6,756
Stabilized         $4,234 $11,723 $15,957   $10,156 $4,234 $14,390
Custom         $4234 $11723 $15957   $10156 $4234 $14390




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1262,4251,3303469843469841,330
2262,0791,3303479836931,9672,660
3261,7321,3303499811,0422,9483,990
4261,3831,3303509801,3913,9295,320
5261,0341,3303519791,7434,9076,650
6260,6821,3303529782,0955,8857,980
7260,3301,3303549762,4496,8619,310
8259,9761,3303559752,8047,83610,640
9259,6211,3303569743,1608,81011,970
10259,2651,3303589723,5189,78213,300
11258,9071,3303599713,87710,75314,630
12258,5481,3303609704,23811,72215,960
13258,1871,3303629684,59912,69117,290

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Listing Agent: Gaspar Flores
Listing Office: Su Familia Real Estate Inc
5920 S. Newcastle Ave Chicago

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