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2 Flat 2628 WILton Lincoln Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60614

Built In: 1889

Lot Size: A

Lot Dimensions: 30X75

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $2550

Detailed Listing Description

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipN
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,C,D
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 10% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 17% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,600 Monthly $2,550
Rental Income Stabilized : Annual $70,092 Monthly $5,841
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$889,0002$444,5000.74%29.050.66%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,550$5,841
Year Total$30,600$70,092
Expense
Total$24,014$24,014
Net Operating Income$6,586$46,078
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10757 $29784 $40541 $3379
Total         $10,757 $29,784 $40,541   $-33,955 $10,757 $-23,198
Stabilized         $10,757 $29,784 $40,541   $5,537 $10,757 $16,294
Custom         $10757 $29784 $40541   $5537 $10757 $16294




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1666,7503,3798792,5008792,5003,379
2665,8713,3798822,4971,7614,9976,758
3664,9893,3798852,4942,6467,49110,137
4664,1043,3798892,4903,5359,98113,516
5663,2153,3798922,4874,42712,46816,895
6662,3233,3798952,4845,32214,95220,274
7661,4283,3798992,4806,22017,43323,653
8660,5303,3799022,4777,12219,91027,032
9659,6283,3799052,4748,02822,38330,411
10658,7223,3799092,4708,93724,85333,790
11657,8133,3799122,4679,84927,32037,169
12656,9013,3799162,46310,76429,78440,548
13655,9863,3799192,46011,68432,24343,927

Explore Nearby Neighborhoods

AvondaleNearby Neighborhoods X Plus Real Estate

Avondale

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

LakeviewNearby Neighborhoods X Plus Real Estate

Lakeview

Listing Agent: Michael Padilla
Listing Office: Weichert, Realtors - All Pro
7414 w devon 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.