Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 1924 Berenice North Center Chicago IL Mu I

City: CHICAGO ZIP: 60613

Built In: 1906

Lot Size: Less Than .25 Acre

Lot Dimensions: 25X124X19X11X111

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Location, Location, Location...TEAR DOWN/GUT REHAB in Bell School District! This 2-flat can either be extensively rehabbed or torn down for new Single Family or Double Duplex Development. Large standing room attic and clean basement. Zoning is RS-3, Lot size is 3061 sq. ft. Alley runs along northeast side of property. Sitting on a quiet one-way, tree-lined street the property is a short distance to the Irving Park Brown Line, Southport Corridor, Lincoln Square and Roscoe Village. Seller is offering for sale "As Is". Developers/Rehabbers bring your ideas!

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 1None,
  • Tenant Pays Unit 2None,
Appliances
  • Appliances Unit 1None,
  • Appliances Unit 2None,
Schools
  • Grade SchoolBELL ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolLAKE VIEW HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 30% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 19% 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 $32,899 Monthly $2,742
Rental Income Stabilized : Annual $41,124 Monthly $3,427
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$525,0002$262,5002.47%15.960.65%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,742$3,427
Year Total$32,899$41,124
Expense
Total$19,915$19,915
Net Operating Income$12,984$21,209
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6353 $17589 $23942 $1996
Total         $6,353 $17,589 $23,942   $-10,958 $6,353 $-4,605
Stabilized         $6,353 $17,589 $23,942   $-2,733 $6,353 $3,620
Custom         $6353 $17589 $23942   $-2733 $6353 $3620




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1393,7501,9965191,4775191,4771,996
2393,2311,9965211,4751,0412,9513,992
3392,7091,9965231,4731,5644,4245,988
4392,1861,9965251,4712,0895,8957,984
5391,6611,9965271,4692,6177,3639,980
6391,1331,9965291,4673,1468,83011,976
7390,6041,9965311,4653,67710,29513,972
8390,0731,9965331,4634,21011,75815,968
9389,5401,9965351,4614,74613,21817,964
10389,0041,9965371,4595,28314,67719,960
11388,4671,9965391,4575,82216,13421,956
12387,9281,9965411,4556,36317,58923,952
13387,3871,9965431,4536,90719,04125,948

Explore Nearby Neighborhoods

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

West TownNearby Neighborhoods X Plus Real Estate

West Town

Listing Agent: Joseph Wilcox
Listing Office: The Wilcox Company
5820 N. Fairfield 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.