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2 Flat 5335 Montrose Chi Portage Park Chicago I

City: CHICAGO ZIP: 60641

Built In: 1926

Lot Size: Less Than .25 Acre

Lot Dimensions: LESS THAN .25

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $1700

Detailed Listing Description

BEAUTIFUL BRICK OCTAGON 2 UNIT BUILDING WITH ORIGINAL NATURAL WOODWORK, CROWN MOLDING AND STAINED GLASS WINDOWS. BOTH UNITS HAVE 3 BEDROOMS APPROXIMATELY 1500 SF WITH REMODELED KITCHENS. HIGH UNFINISHED BASEMENT WITH FRONT AND REAR ACCESS, 2 COIN OPERATED WASHERS AND DRYERS, PLUS A TWO CAR GARAGE. GREAT LOCATION WALK TO L. MUST SEE!

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 1Stove, Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 17% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 24% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $20,400 Monthly $1,700
Rental Income Stabilized : Annual $16,596 Monthly $1,383
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$438,0002$219,0001.53%21.470.32%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,700$1,383
Year Total$20,400$16,596
Expense
Total$13,716$13,716
Net Operating Income$6,684$2,880
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5300 $14675 $19975 $1665
Total         $5,300 $14,675 $19,975   $-13,291 $5,300 $-7,991
Stabilized         $5,300 $14,675 $19,975   $-17,095 $5,300 $-11,795
Custom         $5300 $14675 $19975   $-17095 $5300 $-11795




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1328,5001,6654331,2324331,2321,665
2328,0671,6654351,2308682,4623,330
3327,6321,6654361,2291,3043,6914,995
4327,1961,6654381,2271,7424,9186,660
5326,7581,6654401,2252,1826,1438,325
6326,3181,6654411,2242,6237,3679,990
7325,8771,6654431,2223,0668,58911,655
8325,4341,6654451,2203,5119,80913,320
9324,9891,6654461,2193,95711,02814,985
10324,5431,6654481,2174,40512,24516,650
11324,0951,6654501,2154,85513,46018,315
12323,6451,6654511,2145,30614,67419,980
13323,1941,6654531,2125,75915,88621,645

Explore Nearby Neighborhoods

AvondaleNearby Neighborhoods X Plus Real Estate

Avondale

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

West TownNearby Neighborhoods X Plus Real Estate

West Town

Listing Agent: Janice Reardon
Listing Office: Century 21 Elm, Realtors
910 GARDEN ST PARK RIDGE

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