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2 Flat 3729 Seminary Lake View Chicago IL Mu Inve

City: CHICAGO ZIP: 60613

Built In: 1891

Lot Size: A

Lot Dimensions: 25X100

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Estate Sale- Charming two flat located less than a block from Wrigley Field. Oversized front yard, One bedroom one bath apartment on the 1st floor with an unfinished basement. Second-floor apartment has two bedrooms and one bath. The apartments are in need of some updating. RT-4 Zoning. Build two new units or a single family. Survey available upon request. Sold As-Is.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,E
  • Appliances Unit 2A,B
Schools
  • Grade SchoolGREELEY ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 30% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 40% 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 $29,933 Monthly $2,494
Rental Income Stabilized : Annual $37,416 Monthly $3,118
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$525,0002$262,5002.14%17.540.59%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,494$3,118
Year Total$29,933$37,416
Expense
Total$18,696$18,696
Net Operating Income$11,237$18,720
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6353 $17589 $23942 $1996
Total         $6,353 $17,589 $23,942   $-12,705 $6,353 $-6,352
Stabilized         $6,353 $17,589 $23,942   $-5,222 $6,353 $1,131
Custom         $6353 $17589 $23942   $-5222 $6353 $1131




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1393,7501,9965191,4775191,4771,996
2393,2311,9965211,4751,0412,9513,992
3392,7091,9965231,4731,5644,4245,988
4392,1861,9965251,4712,0895,8957,984
5391,6611,9965271,4692,6177,3639,980
6391,1331,9965291,4673,1468,83011,976
7390,6041,9965311,4653,67710,29513,972
8390,0731,9965331,4634,21011,75815,968
9389,5401,9965351,4614,74613,21817,964
10389,0041,9965371,4595,28314,67719,960
11388,4671,9965391,4575,82216,13421,956
12387,9281,9965411,4556,36317,58923,952
13387,3871,9965431,4536,90719,04125,948

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Listing Agent: Peter Angelo
Listing Office: Jameson Sotheby's Intl Realty
1427 N. Mohawk St. Unit 1 Chicago

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