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3 Flat 4944 Drake Chi Albany Park Chicago IL Mu

Price: $649,900

MLS #: 10146756

Status: Contingent

3 Flat 4944 Drake Chi Albany Park Chicago IL Mu

City: CHICAGO ZIP: 60625

Built In: U

Lot Size: Oversized Chicago Lot

Lot Dimensions: 30 X 125

Lot Description: Fenced Yard,

# of Units: 3

Unit 1 Floor B: 3 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 3 bedrooms 1 baths $0

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Detailed Listing Description

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s), Transmitter(s),
  • 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,
  • Tenant Pays Unit 3Electric, Gas, Heat,
Appliances
  • Appliances Unit 1Laundry Hook-Up, Walk-In Closet,
  • Appliances Unit 2Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood,
  • Appliances Unit 3Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 0% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 18% 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 $28,051 Monthly $2,338
Rental Income Stabilized : Annual $35,064 Monthly $2,922
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$649,9003$216,6331.99%23.170.45%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,338$2,922
Year Total$28,051$35,064
Expense
Total$15,120$15,120
Net Operating Income$12,931$19,944
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7864 $21774 $29638 $2470
Total         $7,864 $21,774 $29,638   $-16,707 $7,864 $-8,843
Stabilized         $7,864 $21,774 $29,638   $-9,694 $7,864 $-1,830
Custom         $7864 $21774 $29638   $-9694 $7864 $-1830




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1487,4252,4706421,8286421,8282,470
2486,7832,4706451,8251,2873,6534,940
3486,1382,4706471,8231,9345,4767,410
4485,4912,4706491,8212,5837,2979,880
5484,8422,4706521,8183,2359,11512,350
6484,1902,4706541,8163,88910,93114,820
7483,5362,4706571,8134,54612,74417,290
8482,8792,4706591,8115,20514,55519,760
9482,2202,4706621,8085,86716,36322,230
10481,5582,4706641,8066,53118,16924,700
11480,8942,4706671,8037,19819,97227,170
12480,2272,4706691,8017,86721,77329,640
13479,5582,4706721,7988,53823,57232,110

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Listing Agent: Ross Vasiliev
Listing Office: Core Realty & Investments, Inc
20 Beaconsfield ct Lincolnshire

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