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3 Flat 7930 Vernon Chatham Chicago IL Mu Investme

City: CHICAGO ZIP: 60619

Built In: 1924

Lot Size: Less Than .25 Acre

Lot Dimensions: 30X124

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Unit 3 Floor 3: 3 bedrooms 1 baths $0

Detailed Listing Description

Brick 3 Unit MULTI Family Property Located in Greater Grand Grossing Neighborhood, Property being sold-as is, 100 tax proration, cash offers only, property needs work, property needs full rehab now. Bring your investors

Additional Property Details

Garage & Parking
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces3
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1Other,
  • Tenant Pays Unit 2Other,
  • Tenant Pays Unit 3Other,
  • Appliances Unit 1None,
  • Appliances Unit 2None,
  • Appliances Unit 3None,
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60619

Listings in this Zip Code average: 3 to 4 units, and are priced at $181,739 to $178,992
This listing is 18% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Chatham

Listings in this Neighborhood average: 5 to 6 units, with average prices of $0 to $284,309
This listing is 20% more than other 3 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 $2,738 Monthly $228
Rental Income Stabilized : Annual $3,423 Monthly $285
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$228$285
Year Total$2,738$3,423
Net Operating Income$-14,836$-14,151
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $1803 $4992 $6795 $567
Total         $1,803 $4,992 $6,795   $-21,631 $1,803 $-19,828
Stabilized         $1,803 $4,992 $6,795   $-20,946 $1,803 $-19,143
Custom         $1803 $4992 $6795   $-20946 $1803 $-19143

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Sundeep Lamba
Listing Office: Publix Realty, Inc.
611 S Wells St. CHICAGO

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