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2 Flat 4713 St Louis Albany Park Chicago IL Mu In

City: CHICAGO ZIP: 60625

Built In: 1912

Lot Size: Less Than .25 Acre

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1000

Unit 2 Floor 2: 3 bedrooms 1 baths $1000

Detailed Listing Description

Albany Park jumbo brick two flat with finished basement, brick two car garage and additional brick front porch. Walk to brown line and CTA bus stop just steps away. Each unit has separate gas and electrical meter, including the basement.

Additional Property Details

Garage & Parking
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2.5
  • 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: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 9% 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 49% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $24,000 Monthly $2,000
Rental Income Stabilized : Annual $35,064 Monthly $2,922
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$570,0002$285,0001.85%23.750.51%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,000$2,922
Year Total$24,000$35,064
Expense
Total$13,468$13,468
Net Operating Income$10,532$21,596
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6897 $19097 $25994 $2167
Total         $6,897 $19,097 $25,994   $-15,462 $6,897 $-8,565
Stabilized         $6,897 $19,097 $25,994   $-4,398 $6,897 $2,499
Custom         $6897 $19097 $25994   $-4398 $6897 $2499




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1427,5002,1675641,6035641,6032,167
2426,9362,1675661,6011,1303,2044,334
3426,3702,1675681,5991,6984,8036,501
4425,8022,1675701,5972,2686,4008,668
5425,2322,1675721,5952,8417,99410,835
6424,6592,1675751,5923,4159,58713,002
7424,0852,1675771,5903,99211,17715,169
8423,5082,1675791,5884,57112,76517,336
9422,9292,1675811,5865,15214,35119,503
10422,3482,1675831,5845,73515,93521,670
11421,7652,1675851,5826,32017,51723,837
12421,1802,1675881,5796,90819,09626,004
13420,5922,1675901,5777,49820,67328,171

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Listing Agent: Raul Lopez
Listing Office: Kale Realty
1823 Greenwood St. Evanston

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