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2 Flat 4638 Kelso Albany Park Chicago IL Mu Inves

City: Chicago ZIP: 60630

Built In: 1886

Lot Size: A

Lot Dimensions: 35 X 125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 5 bedrooms 2 baths $0

Detailed Listing Description

Investor's dream!! Spacious two flat completely gutted and ready to start rehab, Permits and arquitectural plans approved by City of Chicago. First floor 1,200 sq ft., 2nd floor for about 2,200 to be duplex up with a tall attic with 2 baths. Two car garage. Have your investors drive by. Arquitectural plans and City Permits will be provided for viewing to serious buyers who will present a conditional written offer

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipN
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 23% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 22% 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 $13,440 Monthly $1,120
Rental Income Stabilized : Annual $16,800 Monthly $1,400
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,120$1,400
Year Total$13,440$16,800
Net Operating Income$-1,180$2,180
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3618 $10018 $13636 $1137
Total         $3,618 $10,018 $13,636   $-14,816 $3,618 $-11,198
Stabilized         $3,618 $10,018 $13,636   $-11,456 $3,618 $-7,838
Custom         $3618 $10018 $13636   $-11456 $3618 $-7838

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Roberto Funes
Listing Office: Roberto Funes
4615 N. Kasson Ave Chicago

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