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2 Flat 3930 Kimball Irving Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60618

Built In: 1914

Lot Size: A

Lot Dimensions: 30X124

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $NA

Unit 2 Floor 2: 3 bedrooms 1 baths $OWN

Detailed Listing Description

Completely turn-key and move-in ready solid brick two flat in the hot and fast appreciating Irving Park East neighborhood! Great opportunity for owner occupant or instant moneymaker in a strong rental area. Extremely well maintained building by long time owners shows beautifully with recent refinished hardwood floors, original trims and moldings, and fresh paint throughout. Each unit has spacious layout with large large living rooms that open to covered balcony patio space for extra entertaining space or a place to unwind. Side bay window area allows for extra large dining room. First floor unit is a 2bed/1bath, Second floor is 3bed/1bath. Many recent updates that include new roof and tuckpointing-2016, new gutters, soffit and fascia- 2017, new garage siding and roof -2015. Updated windows throughout, HVAC central air/heat, updated plumbing and electric throughout. Washer/dryer in basement and large open floorplan for ample storage. Easy access to CTA,Metra, and highway!

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,E,J,K,S
  • Appliances Unit 2A,B,I
  • Grade School District299
  • Jr High/Middle School District299
  • 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 5% 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 7% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $32,532 Monthly $2,711
Rental Income Stabilized : Annual $37,728 Monthly $3,144
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,711$3,144
Year Total$32,532$37,728
Net Operating Income$15,317$20,513
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5554 $15378 $20932 $1745
Total         $5,554 $15,378 $20,932   $-5,615 $5,554 $-61
Stabilized         $5,554 $15,378 $20,932   $-419 $5,554 $5,135
Custom         $5554 $15378 $20932   $-419 $5554 $5135

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Daniel Fowler
Listing Office: @properties
6014 N. Knox Chicago

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