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2 Flat 3915 St Louis Irving Park Chicago IL Mu In

City: CHICAGO ZIP: 60618

Built In: 1917

Lot Size: Less Than .25 Acre

Lot Dimensions: 25 X 125

Lot Description: Fenced Yard,

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWNR

Unit 2 Floor 2: 2 bedrooms 1 baths $1200

Detailed Listing Description

Classic Irving Park all brick 2-flat with many wonderful original vintage details, full of charm and character! Both apartments have original oak doors and trim, built-in dining room hutches, refinished hardwood floors throughout, walk in pantries, delightful 3-season room off the kitchen. New thermopane windows, new roof, individual heat for each unit, full basement, nice yard, 2-car garage. Super convenient location, close to shopping, transportation, restaurants, Murphy elementary school, and the expressway. Walk to Metra and EL. Perfect for live-in owner, or investment! Click on 'Additional Information' for floor plans.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(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, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
Appliances
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
Schools
  • Grade SchoolMURPHY ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 7% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 3% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $29,028 Monthly $2,419
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$445,0002$222,5003.70%15.330.66%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,419$2,933
Year Total$29,028$35,196
Expense
Total$12,553$12,553
Net Operating Income$16,475$22,643
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5385 $14909 $20294 $1692
Total         $5,385 $14,909 $20,294   $-3,819 $5,385 $1,566
Stabilized         $5,385 $14,909 $20,294   $2,349 $5,385 $7,734
Custom         $5385 $14909 $20294   $2349 $5385 $7734




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1333,7501,6924401,2524401,2521,692
2333,3101,6924421,2508832,5013,384
3332,8671,6924441,2481,3263,7505,076
4332,4241,6924451,2471,7724,9966,768
5331,9781,6924471,2452,2196,2418,460
6331,5311,6924491,2432,6687,48410,152
7331,0821,6924501,2423,1188,72611,844
8330,6321,6924521,2403,5709,96613,536
9330,1801,6924541,2384,02411,20415,228
10329,7261,6924561,2364,47912,44116,920
11329,2711,6924571,2354,93713,67518,612
12328,8131,6924591,2335,39614,90820,304
13328,3541,6924611,2315,85616,14021,996

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Listing Agent: Edward Watts
Listing Office: Jameson Sotheby's International Realty
2712 Park Place Evanston

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