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3 Flat 4142 Menard Portage Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60634

Built In: 1927

Lot Size: A

Lot Dimensions: 30X125

# of Units: 3

Unit 1 Floor G: 1 bedrooms 1 baths $600

Unit 2 Floor 1: 3 bedrooms 1 baths $1250

Unit 3 Floor 2: 1 bedrooms 1 baths $1000

Gross Income $34,200

Detailed Listing Description

Come and view this fully rented and well Maintained brick 3 unit building in Portage Park on an extra wide lot. Each unit offers a spacious layout with vintage charm throughout. Below market rents allow for instant value add opportunity by increasing rents as-is or after cosmetic rehab for more income. Schedule your tour today.

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
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • 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 8% more than other 3 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 10% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $34,200 Monthly $2,850
Rental Income Stabilized : Annual $34,200 Monthly $2,850
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,850$2,850
Year Total$34,200$34,200
Net Operating Income$13,104$13,104
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5022 $13904 $18926 $1578
Total         $5,022 $13,904 $18,926   $-5,822 $5,022 $-800
Stabilized         $5,022 $13,904 $18,926   $-5,822 $5,022 $-800
Custom         $5022 $13904 $18926   $-5822 $5022 $-800

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Bradley Magnant
Listing Office: Zumper, Inc.
707 W. Sheridan Rd. #523 Chicago

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