Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 5051 Berenice Portage Park Chicago IL Mu I

City: CHICAGO ZIP: 60641

Built In: 1914

Lot Size: A

Lot Dimensions: 35X125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Great Chicago Portage Park location! Well maintained legal two flat with a finished basement that includes an additional kitchen and bath. Fantastic investment property in a great neighborhood. Live in one unit and rent the other. First floor can easily be Duplex-ed down to the Basement for added space and become a large 3 Bed/2 Bath unit. All Large Units that Feature 2 bedrooms and 1 bath, large kitchen, beautiful living & dining combo. Enclosed porch. Separate meters, Hardwood Floors, Solid core doors, 9ft. ceiings, 2 1/2 Car Garage. Walk to school, park, swimming pool. Great distance to Metra and Blue line train station. This is a great building for investors or owner. Perfect Investment or families!

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
Utilities
  • Tenant Pays Unit 1B,C,F,H
  • Tenant Pays Unit 2B,C,F,H
Appliances
  • Appliances Unit 1A,B,E,Q,S
  • Appliances Unit 2A,B,E,F,J,Q,S
Schools
  • Grade SchoolGRAY ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolGRAY ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolSCHURZ HIGH SCHOOL
  • 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 7% more than other 2 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 13% more than other 2 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 $23,770 Monthly $1,981
Rental Income Stabilized : Annual $29,712 Monthly $2,476
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$399,0002$199,5003.01%16.790.62%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,981$2,476
Year Total$23,770$29,712
Expense
Total$11,769$11,769
Net Operating Income$12,001$17,943
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4828 $13368 $18196 $1517
Total         $4,828 $13,368 $18,196   $-6,195 $4,828 $-1,367
Stabilized         $4,828 $13,368 $18,196   $-253 $4,828 $4,575
Custom         $4828 $13368 $18196   $-253 $4828 $4575




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1299,2501,5173951,1223951,1221,517
2298,8551,5173961,1217912,2433,034
3298,4591,5173981,1191,1893,3624,551
4298,0611,5173991,1181,5884,4806,068
5297,6621,5174011,1161,9895,5967,585
6297,2611,5174021,1152,3916,7119,102
7296,8591,5174041,1132,7957,82410,619
8296,4551,5174051,1123,2008,93612,136
9296,0501,5174071,1103,60710,04613,653
10295,6431,5174081,1094,01511,15515,170
11295,2351,5174101,1074,42512,26216,687
12294,8251,5174111,1064,83713,36718,204
13294,4131,5174131,1045,25014,47119,721

Explore Nearby Neighborhoods

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

LakeviewNearby Neighborhoods X Plus Real Estate

Lakeview

Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

Listing Agent: Mark Nesci
Listing Office: Compass
5837 N. Lansing Ave 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.