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2 Flat 1732 Hudson Lincoln Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60614

Built In: U

Lot Size: A

Lot Dimensions: 25X80

Lot Description: E

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $0

Detailed Listing Description

View our virtual 3D tour! Beautiful complete renovation in one of the city's most desirable neighborhoods. This historic Old Town Triangle 2-flat on an end lot that's flooded with light from all 4 exposures (look at all the windows!) can EASILY be converted to a single family. This home boasts a stunning 3BR/2.5BA owner's duplex-up with open living space, dining room, a granite & stainless steel kitchen with custom cabinetry, GE Cafe series appliances, & a breakfast nook. Living room complete with custom built-ins and gorgeous paneling. The upper level features all 3BRs, a master suite with steam shower, granite vanities, gorgeous tile work & two walk-in-closets. A cute & spacious 1st floor apartment is equally as impressive collects great rent. A gorgeous back yard with large stamped concrete patio & EXTREMELY easy street parking (due to the one way streets) makes this the one you've been waiting for! Walk to lake, park, shops, dining, nightlife, buses & trains.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D,F,G,H
Appliances
  • Appliances Unit 1A,B,C,D,E,F,G,I,P,U
  • Appliances Unit 2A,B,C,D,E,F,G,I,P,S,U
Schools
  • Grade SchoolLINCOLN ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolLINCOLN ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolLINCOLN PARK HIGH SCHOOL
  • 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 84% 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 97% 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 $50,064 Monthly $4,172
Rental Income Stabilized : Annual $62,580 Monthly $5,215
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,495,0002$747,5001.71%29.860.35%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,172$5,215
Year Total$50,064$62,580
Expense
Total$24,475$24,475
Net Operating Income$25,589$38,105
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $18089 $50087 $68176 $5682
Total         $18,089 $50,087 $68,176   $-42,587 $18,089 $-24,498
Stabilized         $18,089 $50,087 $68,176   $-30,071 $18,089 $-11,982
Custom         $18089 $50087 $68176   $-30071 $18089 $-11982




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
11,121,2505,6821,4774,2051,4774,2055,682
21,119,7735,6821,4834,1992,9608,40411,364
31,118,2905,6821,4884,1944,44912,59717,046
41,116,8015,6821,4944,1885,94316,78522,728
51,115,3075,6821,5004,1827,44220,96828,410
61,113,8085,6821,5054,1778,94725,14534,092
71,112,3035,6821,5114,17110,45829,31639,774
81,110,7925,6821,5174,16511,97533,48145,456
91,109,2755,6821,5224,16013,49737,64151,138
101,107,7535,6821,5284,15415,02541,79556,820
111,106,2255,6821,5344,14816,55945,94362,502
121,104,6915,6821,5394,14318,09850,08668,184
131,103,1525,6821,5454,13719,64354,22373,866

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Listing Agent: Colin Hebson
Listing Office: Dream Town Realty
2231 Forestview Evanston

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