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4 Flat 2004 Edmaire Morgan Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60643

Built In: 1924

Lot Size: A

Lot Dimensions: 50 X 130

# of Units: 4

Unit 1 Floor B: 2 bedrooms 1 baths $0.00

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 2 bedrooms 1 baths $0

Unit 4 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Beautiful Brick multiunit building close to Metra, shopping and schools. Each unit has a flexible floor plan arrangement with one of the 2 bedrooms in the unit a poitential dining room instead. Newer Replacement Windows,Individual Heat and outside intercoms All Apts. Have Modern Kitchen Cabinets and Sinks, Extra Janitor Garden Apt. Newer Electric Circuit Breakers,Ceiling Fans in Each Apt. 1 Coin Op Washer & 1 Coin-Op Dryer. Property needs porch repair or replacement, building code violation

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
  • Appliances Unit 1I
  • Appliances Unit 2I
  • Appliances Unit 3I
  • Appliances Unit 4I
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60643

Listings in this Zip Code average: 2 to 3 units,

Neighborhood Comparison:
CHI - Morgan Park

Listings in this Neighborhood average: 2 to 3 units,

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $34,502 Monthly $2,875
Rental Income Stabilized : Annual $43,128 Monthly $3,594
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,875$3,594
Year Total$34,502$43,128
Net Operating Income$8,130$16,756
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2419 $6698 $9117 $760
Total         $2,419 $6,698 $9,117   $-987 $2,419 $1,432
Stabilized         $2,419 $6,698 $9,117   $7,639 $2,419 $10,058
Custom         $2419 $6698 $9117   $7639 $2419 $10058

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Barbara Thouvenell
Listing Office: P.R.S. Associates, Inc.
2322 W 109th St Chicago

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