Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 2826 Lyndale Logan Square Chicago IL Mu In

City: CHICAGO ZIP: 60647

Built In: 1912

Lot Size: A

Lot Dimensions: 2400

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $2200

Unit 2 Floor 2: 3 bedrooms 1 baths $2200

Gross Income $5,250

Detailed Listing Description

Pristine condition, imposing stately Chicago greystone in the heart of rapidly-appreciating Logan Square. Modern amenities and high-end finishes were blended during recent rehabs and updates with this beautiful building's original touches and they maintain its historical charm and character. Great location near major thoroughfares and steps to CTA and train for easy commute to the Loop. Utilities are separate, the units are rented to great tenants, terms is M/M for flexibility for both investors and owner occupants. The finished basement is occupied by the seller's relatives and it is a great in-law arrangement. Neither he nor the LA make any representation as to its legality as a 3rd unit, the zoning indicates 2 units. This property is a must-see.

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
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
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 56% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 51% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $52,800 Monthly $4,400
Rental Income Stabilized : Annual $42,144 Monthly $3,512
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$810,0002$405,0004.18%15.340.43%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,400$3,512
Year Total$52,800$42,144
Expense
Total$18,977$18,977
Net Operating Income$33,823$23,167
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9801 $27138 $36939 $3079
Total         $9,801 $27,138 $36,939   $-3,116 $9,801 $6,685
Stabilized         $9,801 $27,138 $36,939   $-13,772 $9,801 $-3,971
Custom         $9801 $27138 $36939   $-13772 $9801 $-3971




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1607,5003,0798012,2788012,2783,079
2606,6993,0798042,2751,6054,5536,158
3605,8953,0798072,2722,4126,8259,237
4605,0883,0798102,2693,2229,09412,316
5604,2783,0798132,2664,03511,36015,395
6603,4653,0798162,2634,85113,62318,474
7602,6493,0798192,2605,67015,88321,553
8601,8303,0798222,2576,49218,14024,632
9601,0083,0798252,2547,31720,39427,711
10600,1833,0798282,2518,14522,64530,790
11599,3553,0798312,2488,97724,89233,869
12598,5233,0798352,2449,81127,13736,948
13597,6893,0798382,24110,64929,37840,027

Explore Nearby Neighborhoods

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Listing Agent: Charles Nicholson
Listing Office: Nicholson Real Estate Services
545 Lorraine Elmhurst

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.