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3 Flat 3617 Seeley North Center Chicago IL Mu Inv

City: CHICAGO ZIP: 60618

Built In: 1898

Lot Size: A

Lot Dimensions: 25X124X25X124

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1800

Unit 2 Floor 2: 2 bedrooms 1 baths $1600

Unit 3 Floor G: 2 bedrooms 1 baths $1350

Detailed Listing Description

Immaculate and meticulously maintained three-flat on a quiet residential street in the highly desirable North Center neighborhood. Two blocks from the Addison Brown line stop, this turnkey building is perfect for a live-in owner or investor. Completely renovated 15 years ago with quality finishes, each unit features an in-unit washer/dryer, granite counters, ceiling fans in all rooms, their own furnace and central AC. High ceilings in the 2BR/1BA garden unit, skylight in the bright and sunny top floor unit and three bedrooms in the first-floor unit. Easy access to all that Roscoe Village and North Center has to offer: restaurants, shopping, groceries and public transit. Don't miss out on this one!

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,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B,C,D,E,I,N,S
  • Appliances Unit 2A,B,C,D,E,I,N,R,S,T
  • Appliances Unit 3A,B,C,D,E,S
Schools
  • Grade SchoolAUDUBON ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolAUDUBON ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolLAKE VIEW HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 36% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 1% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $57,000 Monthly $4,750
Rental Income Stabilized : Annual $56,340 Monthly $4,695
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$799,0003$266,3333.88%14.020.59%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,750$4,695
Year Total$57,000$56,340
Expense
Total$26,034$26,034
Net Operating Income$30,966$30,306
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9668 $26769 $36437 $3037
Total         $9,668 $26,769 $36,437   $-5,471 $9,668 $4,197
Stabilized         $9,668 $26,769 $36,437   $-6,131 $9,668 $3,537
Custom         $9668 $26769 $36437   $-6131 $9668 $3537




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1599,2503,0377902,2477902,2473,037
2598,4603,0377932,2441,5834,4916,074
3597,6673,0377962,2412,3786,7339,111
4596,8723,0377992,2383,1778,97112,148
5596,0733,0378022,2353,97911,20615,185
6595,2713,0378052,2324,78413,43818,222
7594,4663,0378082,2295,59115,66821,259
8593,6593,0378112,2266,40217,89424,296
9592,8483,0378142,2237,21620,11727,333
10592,0343,0378172,2208,03322,33730,370
11591,2173,0378202,2178,85324,55433,407
12590,3973,0378232,2149,67626,76836,444
13589,5743,0378262,21110,50228,97939,481

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Listing Agent: Nancy Huetteman
Listing Office: Redfin Corporation
3525 N Oakley Chicago

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