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3 Flat 2126 Avers Logan Square Chicago IL Mu Inve

City: CHICAGO ZIP: 60647

Built In: 1913

Lot Size: L

Lot Dimensions: 30X125

# of Units: 3

Unit 1 Floor G: 2 bedrooms 1 baths $600

Unit 2 Floor 1: 3 bedrooms 1 baths $1000

Unit 3 Floor 2: 3 bedrooms 1 baths $1344

Detailed Listing Description

Hot Logan Square! Solid 2 flat Brick Building! 1st and 2nd floor has 3 bed/1/bath. Separate living, and dining room. Steam heat on the first floor apartment. Central air, and heat, on the 2nd floor apartment. Hardwood floors through out in both apartments. Tenants pay their own utilities. Enclosed back porch. In-law Garden unit has 2 bed, 1 bath. With 9ft ceilings. Has 2 entrances. Tuck pointing was done within the last 2 years. Two car garage. Gated parking pad that fits 2 cars. Seller nor Broker, make any representation on the legality of the basement/garden unit. SOLD AS IS. Make an offer!

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2S
  • Appliances Unit 3A,B,S
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 28% more than other 3 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 35% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $35,328 Monthly $2,944
Rental Income Stabilized : Annual $62,544 Monthly $5,212
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$449,0003$149,6673.55%12.711.16%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,944$5,212
Year Total$35,328$62,544
Expense
Total$19,377$19,377
Net Operating Income$15,951$43,167
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5433 $15043 $20476 $1707
Total         $5,433 $15,043 $20,476   $-4,525 $5,433 $908
Stabilized         $5,433 $15,043 $20,476   $22,691 $5,433 $28,124
Custom         $5433 $15043 $20476   $22691 $5433 $28124




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1336,7501,7074441,2634441,2631,707
2336,3061,7074461,2618902,5243,414
3335,8601,7074481,2591,3383,7835,121
4335,4121,7074491,2581,7875,0416,828
5334,9631,7074511,2562,2386,2978,535
6334,5121,7074531,2542,6907,55210,242
7334,0601,7074541,2533,1458,80411,949
8333,6051,7074561,2513,60010,05613,656
9333,1501,7074581,2494,05811,30515,363
10332,6921,7074591,2484,51812,55217,070
11332,2321,7074611,2464,97913,79818,777
12331,7711,7074631,2445,44215,04220,484
13331,3081,7074651,2425,90616,28522,191

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Listing Agent: Jeanette Nieves
Listing Office: RE/MAX 10 Lincoln Park
2623 N. Harding Chicago

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