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4 Flat 1151 Waveland Lake View Chicago IL Mu Inve

City: CHICAGO ZIP: 60613

Built In: 1920

Lot Size: A

Lot Dimensions: 25X126

# of Units: 4

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Unit 3 Floor 3: 3 bedrooms 1 baths $0

Unit 4 Floor 4: 3 bedrooms 1 baths $0

Detailed Listing Description

This 4 Unit All-Brick building STEPS from Wrigley Field. 10 bedrooms and 4 baths total with a large backyard and 2 car garage (for additional wrigley events income). All units have been recently remodeled with tasteful finishes and are ready for your renters or airbnb guests. Furniture can be negotiated for turn-key short term rental use. The building was recently tuckpointed/lintens repaired. This will not last! Gross yearly income per market value on rent = 103,2000

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipN
  • 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
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
Appliances
  • Appliances Unit 1A,B,E
  • Appliances Unit 2A,B,E
  • Appliances Unit 3A,B,E
  • Appliances Unit 4A,B,C,D,E
Schools
  • Grade SchoolBLAINE ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolBLAINE 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 24% more than other 4 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 19% 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 $54,998 Monthly $4,583
Rental Income Stabilized : Annual $68,748 Monthly $5,729
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,375,0004$343,7501.44%25.000.42%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,583$5,729
Year Total$54,998$68,748
Expense
Total$35,177$35,177
Net Operating Income$19,821$33,571
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $16637 $46066 $62703 $5226
Total         $16,637 $46,066 $62,703   $-42,882 $16,637 $-26,245
Stabilized         $16,637 $46,066 $62,703   $-29,132 $16,637 $-12,495
Custom         $16637 $46066 $62703   $-29132 $16637 $-12495




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
11,031,2505,2261,3593,8671,3593,8675,226
21,029,8915,2261,3643,8622,7237,72910,452
31,028,5275,2261,3693,8574,09211,58615,678
41,027,1585,2261,3743,8525,46615,43820,904
51,025,7845,2261,3793,8476,84519,28526,130
61,024,4055,2261,3843,8428,23023,12631,356
71,023,0205,2261,3903,8369,61926,96336,582
81,021,6315,2261,3953,83111,01430,79441,808
91,020,2365,2261,4003,82612,41434,62047,034
101,018,8365,2261,4053,82113,82038,44052,260
111,017,4305,2261,4113,81515,23042,25657,486
121,016,0205,2261,4163,81016,64646,06662,712
131,014,6045,2261,4213,80518,06849,87067,938

Explore Nearby Neighborhoods

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LakeviewNearby Neighborhoods X Plus Real Estate

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Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

Listing Agent: Robin Phelps
Listing Office: @properties
2600 N Hampden Ct 2G Chicago

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