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3 Flat 3042 Gunnison Albany Park Chicago IL Mu In

City: CHICAGO ZIP: 60625

Built In: 1917

Lot Size: Less Than .25 Acre

Lot Dimensions: 34 X 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1000

Unit 2 Floor 2: 2 bedrooms 1 baths $1000

Unit 3 Floor 3: 2 bedrooms 1 baths $1000

Detailed Listing Description

Investment Property Opportunity Right Here! Fully rented and generating income! Property is on extra wide lot! Must see this well kept legal 3 unit building + additional garden unit that generates and additional $650 in rental income! Rent out all the units or live in as you please! 3 car garage and additional parking space!

Additional Property Details

Garage & Parking
  • Gargage DetailsMultiple Garages,
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces3
  • ParkingGarage, Space/s,
  • Number of Parking Spaces3
  • 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 2Stove, Refrigerator,
  • Appliances Unit 3Stove, Refrigerator,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 12% more than other 3 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 5% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $36,000 Monthly $3,000
Rental Income Stabilized : Annual $50,568 Monthly $4,214
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$574,9003$191,6333.23%15.970.73%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,000$4,214
Year Total$36,000$50,568
Expense
Total$17,402$17,402
Net Operating Income$18,598$33,166
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6956 $19261 $26217 $2185
Total         $6,956 $19,261 $26,217   $-7,619 $6,956 $-663
Stabilized         $6,956 $19,261 $26,217   $6,949 $6,956 $13,905
Custom         $6956 $19261 $26217   $6949 $6956 $13905




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1431,1752,1855681,6175681,6172,185
2430,6072,1855701,6151,1383,2324,370
3430,0372,1855721,6131,7114,8446,555
4429,4642,1855751,6102,2856,4558,740
5428,8902,1855771,6082,8628,06310,925
6428,3132,1855791,6063,4419,66913,110
7427,7342,1855811,6044,02211,27315,295
8427,1532,1855831,6024,60512,87517,480
9426,5702,1855851,6005,19014,47519,665
10425,9852,1855881,5975,77816,07221,850
11425,3972,1855901,5956,36817,66724,035
12424,8072,1855921,5936,96019,26026,220
13424,2152,1855941,5917,55420,85128,405

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Listing Agent: Ryan Casper
Listing Office: d'aprile properties
1732 W Hubbard #2A Chicago

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