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2 Flat 5112 Grace Portage Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60641

Built In: 1913

Lot Size: A

Lot Dimensions: 30 X 125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $VAC

Unit 2 Floor 2: 1 bedrooms 1 baths $VAC

Detailed Listing Description

Great Portage Park 2 flat recently rehabbed just move in and enjoy the benefit of living like in a single family home but with a legal unit in the second floor to help you pay your mortgage first floor is duplexed down with basement for a 3 bedroom 2 bath un it and second floor very nice layout of a large 1 bedroom unit possible 2 bedroom if needed, owner has done all the heavy work for you just move in and enjoy nothing left to do.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,F
  • Appliances Unit 2A,B,F
Schools
  • 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 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.


Calculated Rents
Rental Income : Annual $27,600 Monthly $2,300
Rental Income Stabilized : Annual $37,032 Monthly $3,086
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$399,0002$199,5003.38%14.460.77%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,300$3,086
Year Total$27,600$37,032
Expense
Total$14,105$14,105
Net Operating Income$13,495$22,927
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   $-4,701 $4,828 $127
Stabilized         $4,828 $13,368 $18,196   $4,731 $4,828 $9,559
Custom         $4828 $13368 $18196   $4731 $4828 $9559




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

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Listing Agent: Jose Campoverde
Listing Office: Century 21 Action!
3403 N. Kolmar Chicago

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