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3 Flat 3411 Monticello Avondale Chicago IL Mu Inv

City: CHICAGO ZIP: 60618

Built In: 1912

Lot Size: A

Lot Dimensions: 27X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1550

Unit 2 Floor 2: 2 bedrooms 1 baths $1400

Gross Income $46,800

Net Op. Income $34,928

Detailed Listing Description

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 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,S
  • Appliances Unit 2A,B,E,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • 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 9% more than other 2 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 19% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $35,400 Monthly $2,950
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$525,0002$262,5003.67%14.830.56%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,950$2,933
Year Total$35,400$35,196
Expense
Total$16,143$16,143
Net Operating Income$19,257$19,053
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6353 $17589 $23942 $1996
Total         $6,353 $17,589 $23,942   $-4,685 $6,353 $1,668
Stabilized         $6,353 $17,589 $23,942   $-4,889 $6,353 $1,464
Custom         $6353 $17589 $23942   $-4889 $6353 $1464




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1393,7501,9965191,4775191,4771,996
2393,2311,9965211,4751,0412,9513,992
3392,7091,9965231,4731,5644,4245,988
4392,1861,9965251,4712,0895,8957,984
5391,6611,9965271,4692,6177,3639,980
6391,1331,9965291,4673,1468,83011,976
7390,6041,9965311,4653,67710,29513,972
8390,0731,9965331,4634,21011,75815,968
9389,5401,9965351,4614,74613,21817,964
10389,0041,9965371,4595,28314,67719,960
11388,4671,9965391,4575,82216,13421,956
12387,9281,9965411,4556,36317,58923,952
13387,3871,9965431,4536,90719,04125,948

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Listing Agent: Daniel Pogofsky
Listing Office: Pogofsky Real Estate Group,LLC
2510 n southport #3 Chicago

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