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2 Flat 4711 Monticello Albany Park Chicago IL Mu

City: CHICAGO ZIP: 60625

Built In: 1916

Lot Size: Oversized Chicago Lot

Lot Dimensions: 4125 SQ FT

Lot Description: Fenced Yard,

# of Units: 2

Unit 1 Floor 1: 4 bedrooms 3 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $0

Detailed Listing Description

Beautiful Albany Park 2-unit building Total rehabbed in the last 6 years.. 1st floor unit features living room, dining room 3 bed/3 bath. 2nd floor unit has 3 bed/2 bath. each unit has a master bath, HWF throughout. Front and back fenced lot, 2 car garage plus Carport. Ready to move in or rent as investment property. Qualified buyer please

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s), Transmitter(s), Carport,
  • 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, Water,
  • Tenant Pays Unit 2Electric, Gas, Heat,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up,
  • Appliances Unit 2Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up,
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 8% more than other 2 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 25% 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 $25,354 Monthly $2,113
Rental Income Stabilized : Annual $31,692 Monthly $2,641
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$480,0002$240,0002.24%18.930.55%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,113$2,641
Year Total$25,354$31,692
Expense
Total$14,580$14,580
Net Operating Income$10,774$17,112
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5808 $16082 $21890 $1825
Total         $5,808 $16,082 $21,890   $-11,116 $5,808 $-5,308
Stabilized         $5,808 $16,082 $21,890   $-4,778 $5,808 $1,030
Custom         $5808 $16082 $21890   $-4778 $5808 $1030




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1360,0001,8254751,3504751,3501,825
2359,5251,8254771,3489522,6983,650
3359,0481,8254791,3461,4304,0455,475
4358,5701,8254801,3451,9115,3897,300
5358,0891,8254821,3432,3936,7329,125
6357,6071,8254841,3412,8778,07310,950
7357,1231,8254861,3393,3639,41212,775
8356,6371,8254881,3373,85010,75014,600
9356,1501,8254891,3364,34012,08516,425
10355,6601,8254911,3344,83113,41918,250
11355,1691,8254931,3325,32414,75120,075
12354,6761,8254951,3305,81916,08121,900
13354,1811,8254971,3286,31617,40923,725

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Listing Agent: Dora DeLarye
Listing Office: Coldwell Banker Residential
7516 N. Kenneth Ave. Skokie

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