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2 Flat 3713 Christiana Irving Park Chicago IL Mu

City: CHICAGO ZIP: 60618

Built In: U

Lot Size: Less Than .25 Acre

Lot Dimensions: 28 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Are you looking for a home for your whole family? Or a good investment property with great cash flow? This legal 2 flat has 2800 sq. ft of living space on 3 floors. And a large backyard too! The first floor has a nice size living room, dining room, large eat in kitchen and 2 bedrooms. The second floor also has a separate living room, dining room, kitchen and 2 bedrooms. Plus the large attic with good ceiling height throughout is finished with a living room, dining room, bedroom and possible kitchen area. Basement is a crawl. There are 2 entrances to all 3 levels and 3 separate electric panels, gas heaters and hot water tanks. The building is in good condition with upgraded 200 amp electric service & 3 breaker boxes. Great location too! You can walk to the Blue Line, new 2019 Independence Library and shops and restaurants along Elston, Addison and Irving Park. Ready to move in or rent with 2 bedroom rents $1250+ and 1 bedrooms renting for $900+.

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,
  • Appliances Unit 2Stove, Refrigerator,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 17% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 7% 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 $28,157 Monthly $2,346
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$399,9992$200,0004.04%14.210.73%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,346$2,933
Year Total$28,157$35,196
Expense
Total$12,002$12,002
Net Operating Income$16,155$23,194
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4840 $13401 $18241 $1521
Total         $4,840 $13,401 $18,241   $-2,086 $4,840 $2,754
Stabilized         $4,840 $13,401 $18,241   $4,953 $4,840 $9,793
Custom         $4840 $13401 $18241   $4953 $4840 $9793




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1300,0001,5213961,1253961,1251,521
2299,6041,5213971,1247932,2493,042
3299,2071,5213991,1221,1923,3714,563
4298,8081,5214001,1211,5934,4916,084
5298,4071,5214021,1191,9955,6107,605
6298,0051,5214031,1182,3986,7289,126
7297,6021,5214051,1162,8037,84410,647
8297,1971,5214071,1143,2108,95812,168
9296,7901,5214081,1133,61810,07113,689
10296,3821,5214101,1114,02711,18315,210
11295,9731,5214111,1104,43912,29216,731
12295,5611,5214131,1084,85113,40118,252
13295,1491,5214141,1075,26514,50819,773

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Listing Agent: Dorie Westmeyer
Listing Office: Charles Rutenberg Realty
Local Office Chicago

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