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3 Flat 5223 Henderson Portage Park Chicago IL Mu

City: CHICAGO ZIP: 60641

Built In: 1925

Lot Size: L

Lot Dimensions: 30X125

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Unit 3 Floor B: 2 bedrooms 1 baths $0

Detailed Listing Description

Move in ready, brick yellow jumbo octagon 2 flat with finished basement. Each unit is 1367 square feet. 1st floor features 3 spacious bedrooms, updated full bath and new half bath, refinished hardwood floors throughout as well as updated kitchen. 2nd floor has new kitchen with granite countertop and island, hardwood floors and 3 spacious bedrooms. Basement has new spring kitchen with granite countertops and cabinetry, 2 spacious bedrooms and full bath. This building had major renovations in the last 3 years: 21 new windows, new steel support lintels for all front windows, tuck-pointing, new copper plumbing on all 3 floors, new roof on building and garage, new concrete sidewalks, patio and side drive, privacy fence and gate, 3 new electrical boxes, new central air unit for 1st floor and basement, new water heater for 2nd unit, new outdoor lighting and light fixtures throughout. Nice finished porch areas in both units and plenty of storage in the basement. Show and sell.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Appliances Unit 1I,K,N,S
  • Appliances Unit 2E,N,S
  • Appliances Unit 3A,B,C,D,I,P
  • 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 15% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 9% more than other 3 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $13,277 Monthly $1,106
Rental Income Stabilized : Annual $16,596 Monthly $1,383
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,106$1,383
Year Total$13,277$16,596
Net Operating Income$-7,344$-4,025
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6050 $16752 $22802 $1901
Total         $6,050 $16,752 $22,802   $-30,146 $6,050 $-24,096
Stabilized         $6,050 $16,752 $22,802   $-26,827 $6,050 $-20,777
Custom         $6050 $16752 $22802   $-26827 $6050 $-20777

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Rosa Bueno
Listing Office: United Real Estate - Chicago
1624 Laurel Ave Hanover Park

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