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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
Utilities
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,F
  • Appliances Unit 2A,B,F
Schools
  • 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 66% 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 44% 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
$619,9002$309,9500.56%34.440.47%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,500$2,883
Year Total$18,000$34,596
Expense
Total$14,559$14,559
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
Down
Mortgage $7501 $20769 $28270 $2356
Total         $7,501 $20,769 $28,270   $-24,829 $7,501 $-17,328
Stabilized         $7,501 $20,769 $28,270   $-8,233 $7,501 $-732
Custom         $7501 $20769 $28270   $-8233 $7501 $-732




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1464,9252,3566131,7436131,7432,356
2464,3122,3566151,7411,2273,4854,712
3463,6982,3566171,7391,8445,2247,068
4463,0812,3566191,7372,4646,9609,424
5462,4612,3566221,7343,0868,69411,780
6461,8392,3566241,7323,71010,42614,136
7461,2152,3566261,7304,33612,15616,492
8460,5892,3566291,7274,96513,88318,848
9459,9602,3566311,7255,59615,60821,204
10459,3292,3566341,7226,23017,33023,560
11458,6952,3566361,7206,86619,05025,916
12458,0592,3566381,7187,50420,76828,272
13457,4212,3566411,7158,14522,48330,628

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

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.