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2 Flat 1458 Belle Plaine Lake View Chicago IL Mu

City: CHICAGO ZIP: 60613

Built In: 1921

Lot Size: K

Lot Dimensions: 32.5'X125'

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $1400

Detailed Listing Description

Graceland West jumbo 2-flat on an oversized lot. This brick beauty has been lovingly maintained by the same family since the 1950's. Bright, south-facing building features front sun rooms, open flowing floor plan, huge rooms with good closet space, eat-in kitchens, and enclosed back porches. Major components and mechanicals have all been maintained through the years.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,S,U
  • Appliances Unit 2A,B,S,U
Schools
  • Grade SchoolRAVENSWOOD ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolRAVENSWOOD ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolLAKE VIEW HIGH SCHOOL
  • 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 5% 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 10% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $16,800 Monthly $1,400
Rental Income Stabilized : Annual $41,124 Monthly $3,427
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$790,0002$395,000-1.34%47.020.43%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,400$3,427
Year Total$16,800$41,124
Expense
Total$27,366$27,366
Net Operating Income$-10,566$13,758
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9559 $26467 $36026 $3003
Total         $9,559 $26,467 $36,026   $-46,592 $9,559 $-37,033
Stabilized         $9,559 $26,467 $36,026   $-22,268 $9,559 $-12,709
Custom         $9559 $26467 $36026   $-22268 $9559 $-12709




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1592,5003,0037812,2227812,2223,003
2591,7193,0037842,2191,5654,4416,006
3590,9353,0037872,2162,3526,6579,009
4590,1483,0037902,2133,1428,87012,012
5589,3583,0037932,2103,93511,08015,015
6588,5653,0037962,2074,73113,28718,018
7587,7693,0037992,2045,53015,49121,021
8586,9703,0038022,2016,33217,69224,024
9586,1683,0038052,1987,13719,89027,027
10585,3633,0038082,1957,94422,08630,030
11584,5563,0038112,1928,75524,27833,033
12583,7453,0038142,1899,56926,46736,036
13582,9313,0038172,18610,38628,65339,039

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Listing Agent: Matthew Shrake
Listing Office: Coldwell Banker Residential
1052 West Wellington Avenue Chicago

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