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4 Flat 3852 Argyle Albany Park Chicago IL Mu Inve

City: Chicago ZIP: 60625

Built In: 1876

Lot Size: A

Lot Dimensions: 3750

# of Units: 4

Unit 1 Floor G: 1 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 2 bedrooms 1 baths $0

Unit 4 Floor A: 1 bedrooms 1 baths $0

Detailed Listing Description

Welcome to the Hot Albany Park Area. This is a newly rehabbed 3 Legal units and the attic is a fully finished suite. All four floors are beautifully remodeled ready for residual income. Each unit features fully renovated kitchens w/ white cabinets, SS appliances, granite counters, renovated baths, LR/DR, freshly redone hardwoods floors, recesses lighting, in unit laundry and freshly painted throughout each unit. New HVAC and 2 car garage. Tenants pay their own utilities. Very close to ALL public transportation, nightlife, fast drive to Kennedy. Great opportunity for anyone looking to own a multi unit turn key cash cow. Come make an offer and don't let this beauty get away.

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 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E,F,S
  • Appliances Unit 2A,B,C,D,E,F,S
  • Appliances Unit 3A,B,C,D,E,F,S
  • Appliances Unit 4A,B,F,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 7% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 28% more than other 4 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 $38,102 Monthly $3,175
Rental Income Stabilized : Annual $47,628 Monthly $3,969
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$799,0004$199,7501.74%20.970.50%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,175$3,969
Year Total$38,102$47,628
Expense
Total$24,226$24,226
Net Operating Income$13,876$23,402
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9668 $26769 $36437 $3037
Total         $9,668 $26,769 $36,437   $-22,561 $9,668 $-12,893
Stabilized         $9,668 $26,769 $36,437   $-13,035 $9,668 $-3,367
Custom         $9668 $26769 $36437   $-13035 $9668 $-3367




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1599,2503,0377902,2477902,2473,037
2598,4603,0377932,2441,5834,4916,074
3597,6673,0377962,2412,3786,7339,111
4596,8723,0377992,2383,1778,97112,148
5596,0733,0378022,2353,97911,20615,185
6595,2713,0378052,2324,78413,43818,222
7594,4663,0378082,2295,59115,66821,259
8593,6593,0378112,2266,40217,89424,296
9592,8483,0378142,2237,21620,11727,333
10592,0343,0378172,2208,03322,33730,370
11591,2173,0378202,2178,85324,55433,407
12590,3973,0378232,2149,67626,76836,444
13589,5743,0378262,21110,50228,97939,481

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Listing Agent: Miguel Cuevas
Listing Office: Leader Realty, Inc.
2719 N Western Ave Chicago

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