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3 Flat 6609 Ashland Rogers Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60626

Built In: 1963

Lot Size: L

Lot Dimensions: 30X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1050

Unit 2 Floor 2: 3 bedrooms 1 baths $1650

Unit 3 Floor 3: 3 bedrooms 1 baths $1300

Detailed Listing Description

Brick 3 flat in up and coming Rogers Park! Very spacious apartments with separate living/dining rooms, good size bedrooms with closets and hardwood floors throughout. Unit 1 is a 2BD/1BTH and has been renovated with new flooring, new bathroom vanity, and lights. Unit 2 and 3 are both 3BD/1.1BTH. Newer kitchens, cabinets, countertops, appliances, porcelain tiles, and backsplash. Renovated bathrooms as well. All separate utilities. 3 exterior parking spaces for extra income. Washer/Dryer hooks up in common area. Property is located within a 10-minute walk to Loyola University, Redline, restaurants, shopping, parks, beach and booming Devon St. Perfect for investor or owner-occupied!

Contact Listing Agent

Weston Harding

Weston Harding

President & Managing Broker

X Plus Team Member

View ListingsContact Weston

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60626

Listings in this Zip Code average: 2 to 3 units, and are priced at $508,585 to $625,980
This listing is 12% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Rogers Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $572,989 to $780,975
This listing is 4% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $48,000 Monthly $4,000
Rental Income Stabilized : Annual $55,464 Monthly $4,622
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$549,0003$183,0004.50%11.440.84%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,000$4,622
Year Total$48,000$55,464
Expense
Total$23,304$23,304
Net Operating Income$24,696$32,160
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6643 $18393 $25036 $2087
Total         $6,643 $18,393 $25,036   $-340 $6,643 $6,303
Stabilized         $6,643 $18,393 $25,036   $7,124 $6,643 $13,767
Custom         $6643 $18393 $25036   $7124 $6643 $13767




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1411,7502,0875431,5445431,5442,087
2411,2072,0875451,5421,0883,0864,174
3410,6622,0875471,5401,6354,6266,261
4410,1152,0875491,5382,1846,1648,348
5409,5662,0875511,5362,7357,70010,435
6409,0152,0875531,5343,2889,23412,522
7408,4622,0875551,5323,84410,76514,609
8407,9062,0875571,5304,40112,29516,696
9407,3492,0875591,5284,96013,82318,783
10406,7902,0875621,5255,52215,34820,870
11406,2282,0875641,5236,08616,87122,957
12405,6642,0875661,5216,65118,39325,044
13405,0992,0875681,5197,21919,91227,131

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