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 938 Leclaire Austin Chicago IL Mu Investme

City: CHICAGO ZIP: 60651

Built In: 1916

Lot Size: Less Than .25 Acre

Lot Dimensions: 25X126

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Great opportunity to own a large Brick 2 Flat located in the Austin neighborhood of the City. Live in one of the units and rent out the other. Special features include Hardwood Floors throughout, Living/Dining Room Combos and newer Kitchens and Baths. Fenced Yard and Parking Pad for 2 Cars in rear. Don't miss seeing this one. Near Parks, Shopping and Transportation. (2260 SF)

Additional Property Details

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

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 10% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Austin

Listings in this Neighborhood average: 2 to 3 units, with average prices of $173,150 to $193,648
This listing is 1% 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 $20,256 Monthly $1,688
Rental Income Stabilized : Annual $25,320 Monthly $2,110
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$175,0002$87,5003.38%8.641.21%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,688$2,110
Year Total$20,256$25,320
Expense
Total$14,335$14,335
Net Operating Income$5,921$10,985
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2118 $5863 $7981 $666
Total         $2,118 $5,863 $7,981   $-2,060 $2,118 $58
Stabilized         $2,118 $5,863 $7,981   $3,004 $2,118 $5,122
Custom         $2118 $5863 $7981   $3004 $2118 $5122




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1131,250666174492174492666
2131,0766661744923489841,332
3130,9026661754915231,4751,998
4130,7276661764906991,9652,664
5130,5516661764908762,4543,330
6130,3746661774891,0532,9433,996
7130,1976661784881,2303,4324,662
8130,0206661784881,4093,9195,328
9129,8416661794871,5884,4065,994
10129,6626661804861,7684,8926,660
11129,4826661804861,9485,3787,326
12129,3026661814852,1295,8637,992
13129,1216661824842,3116,3478,658

Explore Nearby Neighborhoods

Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

AvondaleNearby Neighborhoods X Plus Real Estate

Avondale

Listing Agent: Arthur Cirignani
Listing Office: Chicago Realty Partners, Ltd
5718 N Newark 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.