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2 Flat 4624 Harding Albany Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60625

Built In: 1906

Lot Size: A

Lot Dimensions: 3125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 2 baths $0

Detailed Listing Description

Bring your ideas to this framed Albany Park 2-flat. The first floor apartment is wide open and ready for your finishes. The 2nd floor apartment has a separate living room and dining room, kitchen, 2 bedrooms, 1 full bathroom and is duplexed to the attic for an additional loft, bedroom and full bathroom. The back yard is fenced and there is a 2 car detached garage at the back of the lot. This is a Fannie Mae Homepath property. *** Multiple Offers - Highest & Best Due 3/13/2019 @ 3PM ***

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
Utilities
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
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 49% more than other 2 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 31% 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 $28,954 Monthly $2,413
Rental Income Stabilized : Annual $36,192 Monthly $3,016
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$264,9002$132,4505.28%9.151.14%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,413$3,016
Year Total$28,954$36,192
Expense
Total$14,957$14,957
Net Operating Income$13,997$21,235
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3206 $8875 $12081 $1007
Total         $3,206 $8,875 $12,081   $1,916 $3,206 $5,122
Stabilized         $3,206 $8,875 $12,081   $9,154 $3,206 $12,360
Custom         $3206 $8875 $12081   $9154 $3206 $12360




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1198,6751,0072627452627451,007
2198,4131,0072637445251,4892,014
3198,1501,0072647437892,2323,021
4197,8861,0072657421,0542,9744,028
5197,6211,0072667411,3203,7155,035
6197,3551,0072677401,5874,4556,042
7197,0881,0072687391,8555,1947,049
8196,8201,0072697382,1235,9338,056
9196,5521,0072707372,3936,6709,063
10196,2821,0072717362,6647,40610,070
11196,0111,0072727352,9368,14111,077
12195,7391,0072737343,2098,87512,084
13195,4661,0072747333,4839,60813,091

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Listing Agent: Jason Reiner
Listing Office: Solid Realty Services Inc
1225 Washington Ave Wilmette

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