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2 Flat 2712 Francisco Logan Square Chicago IL Mu

City: CHICAGO ZIP: 60647

Built In: 1898

Lot Size: Less Than .25 Acre

Lot Dimensions: 25 X 125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $NONE

Unit 2 Floor 1: 3 bedrooms 1 baths $NONE

Detailed Listing Description

Historic Logan Square Greystone. Same owner for over 40 years. Two huge apartments separate living room, dining and kitchen. New complete tear off roof in 2017. 2 car garage. Excellent location close to shopping, restaurants, expressway and blue line. Property needs to be rehabbed, cash or conventional offers with no contingencies. Bring your contractors. Property SOLD AS IS.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s),
  • 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 1Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 35% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 30% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $35,268 Monthly $2,939
Rental Income Stabilized : Annual $44,976 Monthly $3,748
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$699,9002$349,9503.81%19.850.54%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,939$3,748
Year Total$35,268$44,976
Expense
Total$8,576$8,576
Net Operating Income$26,692$36,400
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8469 $23449 $31918 $2660
Total         $8,469 $23,449 $31,918   $-5,226 $8,469 $3,243
Stabilized         $8,469 $23,449 $31,918   $4,482 $8,469 $12,951
Custom         $8469 $23449 $31918   $4482 $8469 $12951




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1524,9252,6606921,9686921,9682,660
2524,2332,6606941,9661,3863,9345,320
3523,5392,6606971,9632,0825,8987,980
4522,8432,6606991,9612,7827,85810,640
5522,1432,6607021,9583,4849,81613,300
6521,4412,6607051,9554,18811,77215,960
7520,7372,6607071,9534,89613,72418,620
8520,0292,6607101,9505,60515,67521,280
9519,3202,6607131,9476,31817,62223,940
10518,6072,6607151,9457,03319,56726,600
11517,8922,6607181,9427,75121,50929,260
12517,1742,6607211,9398,47223,44831,920
13516,4532,6607231,9379,19525,38534,580

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Listing Agent: Michael Garbo
Listing Office: American International Realty
5747 n sheridan rd, unit A Chicago

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