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2 Flat 3743 Sawyer Irving Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60618

Built In: U

Lot Size: A

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1500

Unit 2 Floor 2: 3 bedrooms 1 baths $1475

Detailed Listing Description

Vintage brick 2-flat on LRG lot in Irving Park. Top flr unit is 3 BR/1 BA, and ground flr unit is 2 BR/1 BA. Units are apprx 1300 sqft + xtra sunrm, & incl. HDWD flrs, orig woodwork thru-out, & formal dining rms. Separate boilers (reg. maintained), gas srvcs, & electric services for each unit. Shared 2-car garage w/ new garage door. Updates incl gutter & downspout in '18, tuck-pointing in '17, BA updates, front porch roof replaced w/ bead-board ceiling, fridges & dishwashers in '14, water heater in '14, upgrade to 100-amp breaker panels (one per unit + common areas), A/C outlets to each BR, new electric meters & overhead service to alley in '12, tuck-pointing & 2nd floor lintels in '10. Building maintains its orig charm: orig. stained glass windows, built-in cabinets, din. rm hutches, lighting fixtures, tile entries & decorative fireplaces. Paver patio in bkyd w/ raised garden access. W/D in bsmt. Storage/workspace front of bsmt. Close to CTA blue line, I-90/94, bus stops, & shopping.

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 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,E
  • Appliances Unit 2A,B,E
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 - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 5% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $35,700 Monthly $2,975
Rental Income Stabilized : Annual $37,728 Monthly $3,144
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$449,9002$224,9504.43%12.600.70%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,975$3,144
Year Total$35,700$37,728
Expense
Total$15,791$15,791
Net Operating Income$19,909$21,937
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5444 $15073 $20517 $1710
Total         $5,444 $15,073 $20,517   $-608 $5,444 $4,836
Stabilized         $5,444 $15,073 $20,517   $1,420 $5,444 $6,864
Custom         $5444 $15073 $20517   $1420 $5444 $6864




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1337,4251,7104451,2654451,2651,710
2336,9801,7104461,2648912,5293,420
3336,5341,7104481,2621,3393,7915,130
4336,0861,7104501,2601,7895,0516,840
5335,6361,7104511,2592,2406,3108,550
6335,1851,7104531,2572,6937,56710,260
7334,7321,7104551,2553,1488,82211,970
8334,2771,7104561,2543,60410,07613,680
9333,8211,7104581,2524,06211,32815,390
10333,3631,7104601,2504,52212,57817,100
11332,9031,7104621,2484,98413,82618,810
12332,4411,7104631,2475,44715,07320,520
13331,9781,7104651,2455,91216,31822,230

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Listing Agent: Joe Zimmerman
Listing Office: Keller Williams Chicago-Lincoln Park
2211 N Elston Ave Suite 104 Chicago

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