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3 Flat 2126 Avers Logan Square Chicago IL Mu Inve

City: CHICAGO ZIP: 60647

Built In: 1913

Lot Size: Standard Chicago Lot

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 SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage, Space/s,
  • Number of Parking Spaces1
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
  • Tenant Pays Unit 3Electric, Gas, Heat,
Appliances
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2Hardwood Floors,
  • Appliances Unit 3Stove, Refrigerator, Hardwood Floors,
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 20% 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 28% 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
$499,0003$166,3334.25%14.121.04%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,944$5,212
Year Total$35,328$62,544
Expense
Total$14,127$14,127
Net Operating Income$21,201$48,417
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6038 $16718 $22756 $1897
Total         $6,038 $16,718 $22,756   $-1,555 $6,038 $4,483
Stabilized         $6,038 $16,718 $22,756   $25,661 $6,038 $31,699
Custom         $6038 $16718 $22756   $25661 $6038 $31699




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1374,2501,8974941,4034941,4031,897
2373,7561,8974951,4029892,8053,794
3373,2611,8974971,4001,4864,2055,691
4372,7641,8974991,3981,9855,6037,588
5372,2651,8975011,3962,4866,9999,485
6371,7641,8975031,3942,9898,39311,382
7371,2611,8975051,3923,4949,78513,279
8370,7561,8975071,3904,00111,17515,176
9370,2491,8975091,3884,50912,56417,073
10369,7411,8975101,3875,02013,95018,970
11369,2301,8975121,3855,53215,33520,867
12368,7181,8975141,3836,04616,71822,764
13368,2041,8975161,3816,56318,09824,661

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

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