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4 Flat 1244 Artesian West Town Chicago IL Mu Inve

City: CHICAGO ZIP: 60622

Built In: 1885

Lot Size: A

Lot Dimensions: 125 X 25

# of Units: 4

Unit 1 Floor B: 1 bedrooms 1 baths $650

Unit 2 Floor 1: 1 bedrooms 1 baths $N/A

Unit 3 Floor 3: 2 bedrooms 1 baths $950

Unit 4 Floor 4: 2 bedrooms 1 baths $950

Detailed Listing Description

3 BR duplex apartment with two 2 BR units with a 1 BR unit on lower level. Laundry Room, Garage, Great Location, Fully Rented!

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipN
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,D
  • Tenant Pays Unit 2B,D
  • Tenant Pays Unit 3B,D
  • Tenant Pays Unit 4B,D
Appliances
  • Appliances Unit 1A,B,E,F
  • Appliances Unit 2A,B,E,F
  • Appliances Unit 3A,B,E,F
  • Appliances Unit 4A,B,E,F
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 26% 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 31% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,600 Monthly $2,550
Rental Income Stabilized : Annual $59,016 Monthly $4,918
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$720,0004$180,0000.73%23.530.68%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,550$4,918
Year Total$30,600$59,016
Expense
Total$25,313$25,313
Net Operating Income$5,287$33,703
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8712 $24122 $32834 $2737
Total         $8,712 $24,122 $32,834   $-27,547 $8,712 $-18,835
Stabilized         $8,712 $24,122 $32,834   $869 $8,712 $9,581
Custom         $8712 $24122 $32834   $869 $8712 $9581




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1540,0002,7377122,0257122,0252,737
2539,2882,7377152,0221,4274,0475,474
3538,5732,7377172,0202,1446,0678,211
4537,8562,7377202,0172,8648,08410,948
5537,1362,7377232,0143,58710,09813,685
6536,4132,7377252,0124,31212,11016,422
7535,6882,7377282,0095,04014,11919,159
8534,9602,7377312,0065,77116,12521,896
9534,2292,7377342,0036,50518,12824,633
10533,4952,7377362,0017,24120,12927,370
11532,7592,7377391,9987,98122,12630,107
12532,0192,7377421,9958,72224,12232,844
13531,2782,7377451,9929,46726,11435,581

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Listing Agent: Richard Harnik
Listing Office: Century 21 Affiliated

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