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2 Flat 3618 Franklin Humboldt Park Chicago IL Mu

City: CHICAGO ZIP: 60624

Built In: 1905

Lot Size: Less Than .25 Acre

Lot Dimensions: 4420

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

ATTENTION "CASH BUYERS"!! This Fixer Upper in HOT Garfield Park will not last long. 3 Bedroom plus enclosed back porches on the 2nd floor 2 Bedroom plus enclosed back porch on the 1st floor. New Roof Needed. SELLER LOOKING FOR FAST CLOSING!!!! AS IS CONDITION. SELLER WILL NOT PROVIDE SURVEY

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces2
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1None,
  • Tenant Pays Unit 2None,
  • Appliances Unit 1None,
  • Appliances Unit 2None,
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60624

Listings in this Zip Code average: 2 to 3 units, and are priced at $130,267 to $183,760
This listing is 42% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 67% 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 $1,960 Monthly $163
Rental Income Stabilized : Annual $2,450 Monthly $204
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$163$204
Year Total$1,960$2,450
Net Operating Income$-10,252$-9,762
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $908 $2513 $3421 $286
Total         $908 $2,513 $3,421   $-13,673 $908 $-12,765
Stabilized         $908 $2,513 $3,421   $-13,183 $908 $-12,275
Custom         $908 $2513 $3421   $-13183 $908 $-12275

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Annette Shelton
Listing Office: Baird & Warner
3309 W Crystal St Unit 1 Chicago

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