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3 Flat 6215 Lawrence Chi Portage Park Chicago I

City: CHICAGO ZIP: 60630

Built In: 1991

Lot Size: Less Than .25 Acre

Lot Dimensions: 49X121

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 2 baths $OWNR

Unit 2 Floor 2: 3 bedrooms 2 baths $1575

Unit 3 Floor 3: 3 bedrooms 2 baths $1500

Detailed Listing Description

NOT A MAIN STREET. FULLY OCCUPIED LEGAL 3 FLAT WITH SIDE DRIVE. FULL, BEAUTIFULLY FINISHED BASEMENT APARTMENT. SEPARATE DINING ROOM, EAT IN KITCHENS, BALCONIES, CENTRAL AIR, HARDWOOD FLOORS THROUGH OUT, SUMP PUMP. NEWER MECHANICALS. BEAUTIFULLY MAINTAINED BUILDING INSIDE AND OUT. INSTANT CASH COW FOR THE RIGHT PERSON. CLOSE TO TRANSPORTATION, HIGHWAY, PLAYGROUND, TENNIS COURTS AND MORE.

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces3
  • Parking on SiteYes
  • Parking OwnershipN/A
  • 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, Dishwasher, Central Air Conditioner, Range Hood,
  • Appliances Unit 2Stove, Refrigerator, Dishwasher, Central Air Conditioner,
  • Appliances Unit 3Stove, Refrigerator, Dishwasher, Central Air Conditioner,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 35% more than other 3 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 30% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $50,100 Monthly $4,175
Rental Income Stabilized : Annual $68,820 Monthly $5,735
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$599,9003$199,9674.98%11.970.96%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,175$5,735
Year Total$50,100$68,820
Expense
Total$20,250$20,250
Net Operating Income$29,850$48,570
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7259 $20099 $27358 $2280
Total         $7,259 $20,099 $27,358   $2,492 $7,259 $9,751
Stabilized         $7,259 $20,099 $27,358   $21,212 $7,259 $28,471
Custom         $7259 $20099 $27358   $21212 $7259 $28471




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1449,9252,2805931,6875931,6872,280
2449,3322,2805951,6851,1883,3724,560
3448,7372,2805971,6831,7855,0556,840
4448,1402,2805991,6812,3846,7369,120
5447,5412,2806021,6782,9868,41411,400
6446,9392,2806041,6763,59010,09013,680
7446,3352,2806061,6744,19611,76415,960
8445,7292,2806091,6714,80513,43518,240
9445,1202,2806111,6695,41615,10420,520
10444,5092,2806131,6676,02916,77122,800
11443,8962,2806151,6656,64418,43625,080
12443,2812,2806181,6627,26220,09827,360
13442,6632,2806201,6607,88221,75829,640

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Listing Agent: David Hejnowski
Listing Office: Redco, Inc.
7640 N. Neva Ave Niles

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