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2 Flat 3857 KILdare Irving Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60641

Built In: 1921

Lot Size: K

Lot Dimensions: 6864

Lot Description: E,H

# of Units: 2

Unit 1 Floor 1: 4 bedrooms 2 baths $2339

Unit 2 Floor 2: 2 bedrooms 1 baths $1650

Detailed Listing Description

Corner 2-unit brick building on extra large 44x155 lot in desirable Old Irving Park. Short car or bus ride to Portage Park, 36-acre park with inground pool. Perfect for owner to live in large 1st fl duplex down w/ 4BR & 2BA; bay windows in both unit dining rooms; built-in cabinets next to decorative FP in both units; sunroom off back BR in both units; hardwood floors throughout except lower level of unit 1 has carpet; lower level unit 1 has family room and rec room with direct access to shared laundry, full-size laundry; common boiler and hot water tank; Unit 1 has 60 day sales clause and Unit 2 has 30 day sales clause.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • 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
  • Tenant Pays Unit 2B
Appliances
  • Appliances Unit 1A,B,E,F,K,N,S
  • Appliances Unit 2A,B,K,N,S
Schools
  • Grade SchoolBELDING ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolBELDING ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolSCHURZ HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 68% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 46% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $47,868 Monthly $3,989
Rental Income Stabilized : Annual $43,524 Monthly $3,627
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$629,0002$314,5004.14%13.140.58%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,989$3,627
Year Total$47,868$43,524
Expense
Total$21,838$21,838
Net Operating Income$26,030$21,686
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7611 $21074 $28685 $2391
Total         $7,611 $21,074 $28,685   $-2,655 $7,611 $4,956
Stabilized         $7,611 $21,074 $28,685   $-6,999 $7,611 $612
Custom         $7611 $21074 $28685   $-6999 $7611 $612




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1471,7502,3916221,7696221,7692,391
2471,1282,3916241,7671,2463,5364,782
3470,5042,3916271,7641,8735,3007,173
4469,8772,3916291,7622,5027,0629,564
5469,2482,3916311,7603,1338,82211,955
6468,6172,3916341,7573,76710,57914,346
7467,9832,3916361,7554,40312,33416,737
8467,3472,3916381,7535,04114,08719,128
9466,7092,3916411,7505,68215,83721,519
10466,0682,3916431,7486,32517,58523,910
11465,4252,3916461,7456,97119,33026,301
12464,7792,3916481,7437,61921,07328,692
13464,1312,3916511,7408,27022,81331,083

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Listing Agent: Millie Rosenbloom
Listing Office: Baird & Warner
2132 N. Magnolia Chicago

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