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2 Flat 5154 Waveland Portage Park Chicago IL Mu I

City: CHICAGO ZIP: 60641

Built In: 1921

Lot Size: Less Than .25 Acre

Lot Dimensions: 45X125

Lot Description: Corner, Fenced Yard,

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $1200

Detailed Listing Description

WOW!! Amazing Brick 2 Flat on a Double LOT 45x125!!! Great Chicago Portage Park location! Come and Cash flow right away!! Perfect for Investment or families! Huge Units, Features 2bedrooms plus Den /office and 1 baths,great living area, large kitchen, beautiful living & dining room.full basement.All tenants pays their own gas and electric! Home has been well kept ! Make this your dream home! So much potential!! Solid structure! Renovated 1st floor! Newer electric , Roof, furnace ! Nice finished hardwood floors, plenty of storage and much more! Admire that amazing yard with 4 car garage !!!!! Close to all-shopping, schools,parks!!!! Come & see this one! Hurry it won't last!!! You're going to love it!!! Bring an OFFER

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,
  • Tenant Pays Unit 2Electric, Gas,
Appliances
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
Schools
  • Grade SchoolGRAY ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolGRAY ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolSCHURZ HIGH SCHOOL
  • 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 12% 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 19% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $14,400 Monthly $1,200
Rental Income Stabilized : Annual $29,712 Monthly $2,476
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$419,0002$209,5000.18%29.100.59%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,200$2,476
Year Total$14,400$29,712
Expense
Total$13,636$13,636
Net Operating Income$764$16,076
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5070 $14038 $19108 $1593
Total         $5,070 $14,038 $19,108   $-18,344 $5,070 $-13,274
Stabilized         $5,070 $14,038 $19,108   $-3,032 $5,070 $2,038
Custom         $5070 $14038 $19108   $-3032 $5070 $2038




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1314,2501,5934151,1784151,1781,593
2313,8351,5934161,1778312,3553,186
3313,4191,5934181,1751,2483,5314,779
4313,0021,5934191,1741,6684,7046,372
5312,5821,5934211,1722,0885,8777,965
6312,1621,5934221,1712,5117,0479,558
7311,7391,5934241,1692,9358,21611,151
8311,3151,5934261,1673,3609,38412,744
9310,8901,5934271,1663,78810,54914,337
10310,4621,5934291,1644,21611,71415,930
11310,0341,5934301,1634,64712,87617,523
12309,6031,5934321,1615,07914,03719,116
13309,1711,5934341,1595,51215,19720,709

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Listing Agent: Gregorio Cirone
Listing Office: Interdome Realty
2316 73rd Ct Elmwood Park

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