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2 Flat 5642 Green Englewood Chicago IL Mu

City: CHICAGO ZIP: 60621

Built In: 1884

Lot Size: Standard Chicago Lot

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

CLASSIC BRICK 2 FLAT, SOLD AS-IS AND READY FOR A NEW FAMILY. THIS HOME IS BEING SOLD AS-IS BUT IS NOT BANK OWNED AND NOT A SHORT SALE. LOCALLY OWNED AND MOTIVATED TO SELL. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. SPECIAL WARRANTY DEED AT CLOSING. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER DOCUMENTS.

Additional Property Details

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

Comparative Data

Zip Code Comparison: 60621

Listings in this Zip Code average: 3 to 4 units, and are priced at $166,877 to $161,799
This listing is 52% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Englewood

Listings in this Neighborhood average: 2 to 3 units, with average prices of $90,027 to $151,294
This listing is 53% 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 $638 Monthly $53
Rental Income Stabilized : Annual $797 Monthly $66
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$42,5002$21,250-16.51%66.661.88%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$53$66
Year Total$638$797
Expense
Total$7,656$7,656
Net Operating Income$-7,018$-6,859
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $515 $1424 $1939 $162
Total         $515 $1,424 $1,939   $-8,957 $515 $-8,442
Stabilized         $515 $1,424 $1,939   $-8,798 $515 $-8,283
Custom         $515 $1424 $1939   $-8798 $515 $-8283




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
131,8751624212042120162
231,8331624311985239324
331,79016243119128358486
431,74716243119171477648
531,70416243119214596810
631,66116243119257715972
731,618162431193018331,134
831,574162441183449521,296
931,531162441183881,0701,458
1031,487162441184321,1881,620
1131,443162441184761,3061,782
1231,399162441185201,4241,944
1331,355162441185651,5412,106

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Listing Agent: Timothy Gray
Listing Office: The Chicagoland RE Auction Co.
1642 North Claremont Chicago

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