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2 Flat 3339 Hamlin Avondale Chicago IL Mu Investm

City: CHICAGO ZIP: 60618

Built In: 1906

Lot Size: Less Than .25 Acre

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

**INVESTMENT OPPORTUNITY** Legal 2 flat in need of rehab in Hot Avondale Area! Convenient location close to Metra, CTA and schools. Property is currently tenant occupied but will be vacant by the end of December. Please do not disturb tenant or trespass. This is a regular sale and ready to close. Sold in as is condition. Listing agent is related to the seller.

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces2
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric,
  • Tenant Pays Unit 2Electric,
Appliances
  • Appliances Unit 1None,
  • Appliances Unit 2None,
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 38% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 32% 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
$299,9002$149,9504.35%10.650.98%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,346$2,933
Year Total$28,157$35,196
Expense
Total$15,125$15,125
Net Operating Income$13,032$20,071
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3629 $10048 $13677 $1140
Total         $3,629 $10,048 $13,677   $-645 $3,629 $2,984
Stabilized         $3,629 $10,048 $13,677   $6,394 $3,629 $10,023
Custom         $3629 $10048 $13677   $6394 $3629 $10023




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1224,9251,1402978432978431,140
2224,6281,1402988425941,6862,280
3224,3311,1402998418932,5273,420
4224,0321,1403008401,1933,3674,560
5223,7321,1403018391,4944,2065,700
6223,4311,1403028381,7965,0446,840
7223,1291,1403038372,0995,8817,980
8222,8261,1403048362,4046,7169,120
9222,5211,1403068342,7097,55110,260
10222,2161,1403078333,0168,38411,400
11221,9091,1403088323,3249,21612,540
12221,6011,1403098313,63310,04713,680
13221,2921,1403108303,94310,87714,820

Explore Nearby Neighborhoods

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Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Listing Agent: Barbara Kieca
Listing Office: Hometown Real Estate
2931 N. Neva Ave. Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.