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2 Flat 3254 Kenneth Irving Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60641

Built In: 1918

Lot Size: A

Lot Dimensions: 30 X 126

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1500

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Nothing to do but move in! Come and take a look at this stunning two-unit building that features 6 bedrooms and 3 full bathrooms that was rehabbed in 2018. Property is in immaculate condition and features beautiful hardwood floors with customized ceilings and walls throughout the property. Living rooms in both units come equipped with recessed lighting and built-in shelving . For the kitchens, you are looking at new stainless steel appliances, beautiful granite countertops, and quality cabinets. On the top floor you have the owner's unit which features walk-in closet and an open concept from the kitchen to the family room. With just minutes to the Kennedy Expressway, shopping centers, parks, schools, and gyms, you do not want to let this one get away.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipN
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2A
  • Appliances Unit 1A,B,F
  • Appliances Unit 2A,B,F
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 60% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 39% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $18,000 Monthly $1,500
Rental Income Stabilized : Annual $34,596 Monthly $2,883
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,500$2,883
Year Total$18,000$34,596
Net Operating Income$3,441$20,037
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $7248 $20068 $27316 $2277
Total         $7,248 $20,068 $27,316   $-23,875 $7,248 $-16,627
Stabilized         $7,248 $20,068 $27,316   $-7,279 $7,248 $-31
Custom         $7248 $20068 $27316   $-7279 $7248 $-31

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Doris Rivera
Listing Office: Coldwell Banker Residential
5725 W. Goodman Chicago

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