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2 Flat 2338 Taylor Near West Side Chicago IL Mu I

City: Chicago ZIP: 60612

Built In: 1895

Lot Size: Less Than .25 Acre

Lot Dimensions: 20X100

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Rare opportunity! 2 flat brick Victorian row house in historic Tri-Taylor district. Building in need of renovation. Total gut rehab needed. CASH OFFER ONLY

Additional Property Details

Garage & Parking
  • ParkingNone,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Gas,
  • Tenant Pays Unit 2Gas,
Appliances
  • Appliances Unit 1None,
  • Appliances Unit 2None,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60612

Listings in this Zip Code average: 2 to 3 units, and are priced at $326,800 to $381,361
This listing is 8% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Near West Side

Listings in this Neighborhood average: 2 to 3 units, with average prices of $507,663 to $800,333
This listing is 41% 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 $25,901 Monthly $2,158
Rental Income Stabilized : Annual $32,376 Monthly $2,698
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$300,0002$150,0003.28%11.580.90%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,158$2,698
Year Total$25,901$32,376
Expense
Total$16,074$16,074
Net Operating Income$9,827$16,302
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3630 $10051 $13681 $1141
Total         $3,630 $10,051 $13,681   $-3,854 $3,630 $-224
Stabilized         $3,630 $10,051 $13,681   $2,621 $3,630 $6,251
Custom         $3630 $10051 $13681   $2621 $3630 $6251




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1225,0001,1412978442978441,141
2224,7031,1412988435961,6862,282
3224,4041,1412998428952,5283,423
4224,1051,1413018401,1963,3684,564
5223,8041,1413028391,4974,2085,705
6223,5031,1413038381,8005,0466,846
7223,2001,1413048372,1045,8837,987
8222,8961,1413058362,4096,7199,128
9222,5911,1413068352,7167,55310,269
10222,2841,1413078343,0238,38711,410
11221,9771,1413098323,3329,21912,551
12221,6681,1413108313,64110,05113,692
13221,3591,1413118303,95210,88114,833

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Listing Agent: Carlos Rocha
Listing Office: Charles Rutenberg Realty of IL
3839 N Hamlin Ave. Chicago

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