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2 Flat 3710 Diversey Avondale Chicago IL Mu Inves

City: CHICAGO ZIP: 60647

Built In: 1896

Lot Size: A

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $500

Unit 2 Floor 2: 2 bedrooms 1 baths $700

Unit 3 Floor G: 2 bedrooms 1 baths $650

Detailed Listing Description

Great location in the path of progress; Two unit with finished basement and attic. Major upside, suggest making an offer today as this will not last. Long term occupants on a mtm lease. Broker interest

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 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 25% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 6% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $22,200 Monthly $1,850
Rental Income Stabilized : Annual $58,836 Monthly $4,903
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$465,0003$155,0001.58%20.951.05%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,850$4,903
Year Total$22,200$58,836
Expense
Total$14,867$14,867
Net Operating Income$7,333$43,969
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5627 $15579 $21206 $1768
Total         $5,627 $15,579 $21,206   $-13,873 $5,627 $-8,246
Stabilized         $5,627 $15,579 $21,206   $22,763 $5,627 $28,390
Custom         $5627 $15579 $21206   $22763 $5627 $28390




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1348,7501,7684601,3084601,3081,768
2348,2901,7684621,3069222,6143,536
3347,8281,7684641,3041,3863,9185,304
4347,3641,7684651,3031,8515,2217,072
5346,8991,7684671,3012,3186,5228,840
6346,4321,7684691,2992,7877,82110,608
7345,9631,7684711,2973,2589,11812,376
8345,4921,7684721,2963,73010,41414,144
9345,0201,7684741,2944,20411,70815,912
10344,5461,7684761,2924,68013,00017,680
11344,0701,7684781,2905,15814,29019,448
12343,5921,7684801,2885,63815,57821,216
13343,1121,7684811,2876,11916,86522,984

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Listing Agent: Nicholas Hansen
Listing Office: @properties
2550 Wellington Westchester

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