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2 Flat 2114 Oakley Logan Square Chicago IL Mu Inv

City: CHICAGO ZIP: 60647

Built In: 1888

Lot Size: Less Than .25 Acre

Lot Dimensions: 24X100

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $0

Detailed Listing Description

The perfect Bucktown 2 flat located near Holstein Park! 3 Bed/2 Bath + family room owners unit. Beautiful modern touches in the bright and open duplex up, W/D in unit, new kitchen. Rent the 1st floor, 2 Bed/1 Bath apartment, W/D in unit, granite tops. Client used this as an Air BNB with great success. 2 car garage in the rear. Units pay their own utilities. This is a great property or ideal turnkey investment.

Additional Property Details

Garage & Parking
  • 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, Washer, Dryer, Dishwasher, Central Air Conditioner, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Hardwood Floors, Walk-In Closet,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 40% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 35% 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 $40,704 Monthly $3,392
Rental Income Stabilized : Annual $50,880 Monthly $4,240
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$724,9002$362,4503.41%17.810.58%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,392$4,240
Year Total$40,704$50,880
Expense
Total$15,975$15,975
Net Operating Income$24,729$34,905
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8771 $24286 $33057 $2755
Total         $8,771 $24,286 $33,057   $-8,328 $8,771 $443
Stabilized         $8,771 $24,286 $33,057   $1,848 $8,771 $10,619
Custom         $8771 $24286 $33057   $1848 $8771 $10619




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1543,6752,7557162,0397162,0392,755
2542,9592,7557192,0361,4354,0755,510
3542,2402,7557222,0332,1576,1088,265
4541,5182,7557242,0312,8818,13911,020
5540,7942,7557272,0283,60810,16713,775
6540,0672,7557302,0254,33812,19216,530
7539,3372,7557322,0235,07014,21519,285
8538,6052,7557352,0205,80616,23422,040
9537,8692,7557382,0176,54418,25124,795
10537,1312,7557412,0147,28420,26627,550
11536,3912,7557442,0118,02822,27730,305
12535,6472,7557462,0098,77424,28633,060
13534,9012,7557492,0069,52326,29235,815

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Listing Agent: Nathan Ryle
Listing Office: Dream Town Realty
1136 W Diversey #2 Chicago

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