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2 Flat 3840 Central Portage Park Chicago IL Mu In

City: CHICAGO ZIP: 60634

Built In: 1958

Lot Size: A

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $1200

Detailed Listing Description

SOLID BRICK 2 FLAT READY TO MOVE IN. BOTH UNITS HAVE 2 BEDROOMS, DINING AND LIVING COMBO. SECOND FLOOR KITCHEN REMODELED LAST YEAR. FULL FINISHED BASEMENT APARTMENT WITH HEATED FLOORS AND DRY SAUNA. COIN WASHER AND DRYER FOR TENANTS, PERSONAL WASHER AND DRYER FOR THE OWNER - ALL APLIANCES STAY. 4 SEPARATE ELECTRIC AND 3 GAS METERS FOR EACH FLOOR. NEWER ROOF, WINDOWS, 200 AMPS ELECTRIC PANEL. NEW ELECTRIC WIRING TROUGHOUT. EASY TO RENT, EACH UNIT COMES WITH GARAGE SPACE. ATTACHED PORCH FOR SUMMER BARBEQUE.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,E
  • Appliances Unit 2A,B,C,D
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60634

Listings in this Zip Code average: 2 to 3 units, and are priced at $329,214 to $451,036
This listing is 79% 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 67% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $14,400 Monthly $1,200
Rental Income Stabilized : Annual $30,792 Monthly $2,566
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$589,0002$294,500-0.25%40.900.44%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,200$2,566
Year Total$14,400$30,792
Expense
Total$15,895$15,895
Net Operating Income$-1,495$14,897
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7127 $19733 $26860 $2239
Total         $7,127 $19,733 $26,860   $-28,355 $7,127 $-21,228
Stabilized         $7,127 $19,733 $26,860   $-11,963 $7,127 $-4,836
Custom         $7127 $19733 $26860   $-11963 $7127 $-4836




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1441,7502,2395821,6575821,6572,239
2441,1682,2395851,6541,1673,3114,478
3440,5832,2395871,6521,7544,9636,717
4439,9962,2395891,6502,3436,6138,956
5439,4072,2395911,6482,9348,26111,195
6438,8162,2395931,6463,5289,90613,434
7438,2222,2395961,6434,12311,55015,673
8437,6272,2395981,6414,72113,19117,912
9437,0292,2396001,6395,32114,83020,151
10436,4292,2396021,6375,92416,46622,390
11435,8262,2396051,6346,52818,10124,629
12435,2222,2396071,6327,13519,73326,868
13434,6152,2396091,6307,74421,36329,107

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Listing Agent: Mariola Kulpa-Jaskulak
Listing Office: Troy Realty Ltd
209 S. Home Ave. Park Ridge

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