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3 Flat 343 Belden Lincoln Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60614

Built In: 1881

Lot Size: L

Lot Dimensions: 16' X 123'

Lot Description: L

# of Units: 3

Unit 1 Floor 1: 1 bedrooms 1 baths $1695

Unit 2 Floor 2: 1 bedrooms 1 baths $1595

Unit 3 Floor 3: 2 bedrooms 1 baths $2395

Gross Income $71,100

Net Op. Income $49,011

Detailed Listing Description

Sophisticated elegance abounds in this perfectly located Lincoln Park 3 flat rowhouse. Gorgeous facade, tall ceilings. Great duplexed owners unit on the top two floors. Two one bedroom rental units that could fetch a higher rent with updated kitchens and baths. Easy to show with proper notice. Many original details were painstakingly restored. Great private deck and back yard. One car garage. Steps to the park and Lincoln Park Zoo and LSD.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Appliances Unit 1A,B,C,D,E
  • Appliances Unit 2A,B,C,D,E
  • Appliances Unit 3A,B,C,D,E
  • 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 21% more than other 3 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 26% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $68,220 Monthly $5,685
Rental Income Stabilized : Annual $65,244 Monthly $5,437
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,685$5,437
Year Total$68,220$65,244
Net Operating Income$36,864$33,888
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $13298 $36820 $50118 $4177
Total         $13,298 $36,820 $50,118   $-13,254 $13,298 $44
Stabilized         $13,298 $36,820 $50,118   $-16,230 $13,298 $-2,932
Custom         $13298 $36820 $50118   $-16230 $13298 $-2932

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Gregory Viti
Listing Office: Berkshire Hathaway HomeServices KoenigRubloff
2018 W. CHURCHILL Chicago

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