4 Flat 1528 Huron West Town Chicago IL Mu Investm| Chicago Property Listings – X Plus Real Estate

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4 Flat 1528 Huron West Town Chicago IL Mu Investm

City: CHICAGO ZIP: 60642

Built In: 1880

Lot Size: A

Lot Dimensions: 25 X 125

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $1615

Unit 2 Floor 2: 2 bedrooms 1 baths $1610

Unit 3 Floor 3: 2 bedrooms 1 baths $1650

Unit 4 Floor C: 2 bedrooms 1 baths $1700

Detailed Listing Description

Three unit building + duplex coach house in the heart of hip West Town. Well maintained building with newer kitchens and baths, in unit laundry, hardwood floors, and gas/forced air. Building units include combined living/dining room, kitchen with Frigidaire appliances and good cabinet space, two bedrooms, full bath with tub, laundry/utility room with washer, dryer, HVAC and water heater, and rear enclosed stairwell/porch with additional storage. Coach house includes main level living/dining, kitchen with Frigidaire appliances and good cabinet space, full bath with tub, two upper level bedrooms + loft/landing space perfect for office. Dedicated laundry/utility space with washer, dryer, HVAC and water heater + large/shared storage space below coach house. Steps to Chicago and Grand Ave restaurants, shopping, and nightlife. 15 min walk to Chicago blue line stop. Easy access to the Kennedy and downtown.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
Appliances
  • Appliances Unit 1A,B,C,D,E,F,G,I,P,S
  • Appliances Unit 2A,B,C,D,E,F,G,I,P,S
  • Appliances Unit 3A,B,C,D,E,F,G,I,P,S
  • Appliances Unit 4A,B,C,D,E,F,G,I,P,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60642

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,047,408 to $1,264,667
This listing is 29% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 13% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $78,900 Monthly $6,575
Rental Income Stabilized : Annual $83,592 Monthly $6,966
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$899,0004$224,7505.15%11.390.77%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,575$6,966
Year Total$78,900$83,592
Expense
Total$32,600$32,600
Net Operating Income$46,300$50,992
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10878 $30119 $40997 $3417
Total         $10,878 $30,119 $40,997   $5,303 $10,878 $16,181
Stabilized         $10,878 $30,119 $40,997   $9,995 $10,878 $20,873
Custom         $10878 $30119 $40997   $9995 $10878 $20873




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1674,2503,4178892,5288892,5283,417
2673,3613,4178922,5251,7805,0546,834
3672,4703,4178952,5222,6767,57510,251
4671,5743,4178992,5183,57410,09413,668
5670,6763,4179022,5154,47612,60917,085
6669,7743,4179052,5125,38215,12020,502
7668,8683,4179092,5086,29017,62923,919
8667,9603,4179122,5057,20320,13327,336
9667,0473,4179162,5018,11822,63530,753
10666,1323,4179192,4989,03725,13334,170
11665,2133,4179222,4959,96027,62737,587
12664,2903,4179262,49110,88530,11941,004
13663,3653,4179292,48811,81532,60644,421

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Listing Agent: Jason O'Beirne
Listing Office: Jameson Sotheby's Intl Realty
333 W North Ave #345 Chicago

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