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2 Flat 3330 Springfield Avondale Chicago IL Mu In

City: CHICAGO ZIP: 60618

Built In: 1923

Lot Size: K

Lot Dimensions: 30 X 125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWNR

Unit 2 Floor 1: 2 bedrooms 1 baths $OWNR

Detailed Listing Description

Well cared for brick two flat in hot Avondale! 30 wide lot allows for generous and spacious floor plans. 2nd floor is a 3 bed 1 bath with updated kitchen and bathroom. 1st floor is a 2 bed 1 bath and both units have large living and dining rooms. 1st floor finished out basement with living space with updated bathroom. Could add a kitchen if you want or connect easily to first floor. Separate boilers so tenant pays for their own heat! Windows are newer and large tuckpointing job was just finished. Both units are in great shape! 2nd floor currently empty.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,C
  • 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 1O
  • Appliances Unit 2O
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 6% 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 16% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,804 Monthly $2,567
Rental Income Stabilized : Annual $34,512 Monthly $2,876
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$509,9002$254,9503.02%16.550.56%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,567$2,876
Year Total$30,804$34,512
Expense
Total$15,429$15,429
Net Operating Income$15,375$19,083
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6170 $17083 $23253 $1938
Total         $6,170 $17,083 $23,253   $-7,878 $6,170 $-1,708
Stabilized         $6,170 $17,083 $23,253   $-4,170 $6,170 $2,000
Custom         $6170 $17083 $23253   $-4170 $6170 $2000




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1382,4251,9385041,4345041,4341,938
2381,9211,9385061,4321,0102,8663,876
3381,4151,9385081,4301,5174,2975,814
4380,9081,9385101,4282,0275,7257,752
5380,3981,9385121,4262,5387,1529,690
6379,8871,9385131,4253,0528,57611,628
7379,3731,9385151,4233,5679,99913,566
8378,8581,9385171,4214,08511,41915,504
9378,3401,9385191,4194,60412,83817,442
10377,8211,9385211,4175,12514,25519,380
11377,3001,9385231,4155,64815,67021,318
12376,7771,9385251,4136,17317,08323,256
13376,2521,9385271,4116,70018,49425,194

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Listing Agent: Peter Moore
Listing Office: Baird & Warner
737 N. Michigan Ave #1800 Chicago

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