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2 Flat 3658 Kedzie Irving Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60618

Built In: 1916

Lot Size: A

Lot Dimensions: 25 X 125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $900

Unit 2 Floor 2: 2 bedrooms 1 baths $950

Gross Income $26,400

Detailed Listing Description

GREAT INVESTMENT OPPORTUNITY! NICE LOCATION FOR GETTING AROUND THE CITY. NEARBY SHOPPING, POST OFFICE, RESTAURANTS, ETC. BRAND NEW ROOF, SIDING AND FRONT PORCH. SEVERAL NEW THERMOPANE WINDOWS. BASEMENT BATH, ENCLOSED BACK PORCH FOR YEAR ROUND USE, FENCED YARD AND GARAGE WITH DRIVEUP. GLASS BLOCK BASEMENT WINDOWS. GOOD INCOME, LOW MAINTENANCE

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
  • Tenant Pays Unit 2B
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • 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 25% 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 17% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $22,200 Monthly $1,850
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$358,9002$179,4501.77%16.170.82%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,850$2,933
Year Total$22,200$35,196
Expense
Total$15,857$15,857
Net Operating Income$6,343$19,339
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4343 $12025 $16368 $1364
Total         $4,343 $12,025 $16,368   $-10,025 $4,343 $-5,682
Stabilized         $4,343 $12,025 $16,368   $2,971 $4,343 $7,314
Custom         $4343 $12025 $16368   $2971 $4343 $7314




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1269,1751,3643551,0093551,0091,364
2268,8201,3643561,0087112,0172,728
3268,4641,3643571,0071,0683,0244,092
4268,1071,3643591,0051,4264,0305,456
5267,7491,3643601,0041,7865,0346,820
6267,3891,3643611,0032,1486,0368,184
7267,0271,3643631,0012,5107,0389,548
8266,6651,3643641,0002,8748,03810,912
9266,3011,3643659993,2409,03612,276
10265,9351,3643679973,60610,03413,640
11265,5691,3643689963,97411,03015,004
12265,2011,3643699954,34412,02416,368
13264,8311,3643719934,71513,01717,732

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Listing Agent: Daniel Ostberg
Listing Office: RE/MAX Destiny
807 S I OKA AVE MT PROSPECT

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