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2 Flat 4308 Iowa Humboldt Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60651

Built In: 1922

Lot Size: A

Lot Dimensions: 3780 SQ FT

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Woaw... rare to see in the area huge two unit property with 3 bedrooms on each floor ~ Hard wood floors on both 1st and 2nd units ~ New kitchens with stainless steel appliances, new bathrooms ~ New electric system, new plumbing with efficient furnaces that don't need chimney ~ New AC compressors ~ Brand new garage for 2 cars ~ Huge basement for your enjoyment ~ COME SEE FOR YOUR SELF

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Appliances Unit 1A,B,F
  • Appliances Unit 2A,B,F
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 74% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 50% 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 $25,325 Monthly $2,110
Rental Income Stabilized : Annual $31,656 Monthly $2,638
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,110$2,638
Year Total$25,325$31,656
Net Operating Income$11,420$17,751
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4078 $11291 $15369 $1281
Total         $4,078 $11,291 $15,369   $-3,949 $4,078 $129
Stabilized         $4,078 $11,291 $15,369   $2,382 $4,078 $6,460
Custom         $4078 $11291 $15369   $2382 $4078 $6460

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Osbaldo Perez
Listing Office: Century 21 Action!
5916 W. Fullerton Ave AP 2F Chicago

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