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2 Flat 4225 Leavitt North Center Chicago IL Mu In

City: CHICAGO ZIP: 60618

Built In: 1907

Lot Size: A

Lot Dimensions: 30 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1620

Unit 2 Floor 2: 3 bedrooms 1 baths $2000

Detailed Listing Description

Beautiful classic brick Lincoln Square 2 Flat building with a detached garage. 5 Bedrooms, 2 full baths, Located steps from Welles Park and Lincoln Ave. Sultzer Library, Train, great restaurants & shops. Property features High ceilings, hardwood floors, built in hutches, walk in pantries, enclosed porches. Both units have new gas forced heat and central air, hardwood floors, Fully rented Tenants pay all utilities. Basement Laundry and storage Well maintained building in Great Location, Great investment or single family conversion This is one of the best blocks in the area Collect rent and plan your dream home. Coonley School!

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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
Appliances
  • Appliances Unit 1A,B,I,N,S
  • Appliances Unit 2A,B,I,N,S
Schools
  • Grade SchoolCOONLEY ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolCOONLEY ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolAMUNDSEN HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 50% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 10% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $43,440 Monthly $3,620
Rental Income Stabilized : Annual $37,728 Monthly $3,144
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$719,9252$359,9633.02%16.570.44%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,620$3,144
Year Total$43,440$37,728
Expense
Total$21,709$21,709
Net Operating Income$21,731$16,019
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8711 $24120 $32831 $2736
Total         $8,711 $24,120 $32,831   $-11,100 $8,711 $-2,389
Stabilized         $8,711 $24,120 $32,831   $-16,812 $8,711 $-8,101
Custom         $8711 $24120 $32831   $-16812 $8711 $-8101




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1539,9442,7367112,0257112,0252,736
2539,2332,7367142,0221,4254,0475,472
3538,5192,7367172,0192,1426,0668,208
4537,8022,7367192,0172,8618,08310,944
5537,0832,7367222,0143,58310,09713,680
6536,3612,7367252,0114,30712,10916,416
7535,6372,7367272,0095,03514,11719,152
8534,9092,7367302,0065,76516,12321,888
9534,1792,7367332,0036,49818,12624,624
10533,4462,7367362,0007,23320,12727,360
11532,7112,7367381,9987,97222,12430,096
12531,9722,7367411,9958,71324,11932,832
13531,2312,7367441,9929,45726,11135,568

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Listing Agent: Chris Ford
Listing Office: Coldwell Banker Residential
212 E Cullerton unit 1100 Chicago

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