Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 1414 Belle Plaine Lake View Chicago IL Mu

City: CHICAGO ZIP: 60613

Built In: 1909

Lot Size: L

Lot Dimensions: 25X125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $2200

Unit 2 Floor 2: 2 bedrooms 2 baths $1950

Gross Income $49,800

Net Op. Income $30,983

Detailed Listing Description

RAVENSWOOD SCHOOL DISTRICT! WALK TO SOUTHPORT CORRIDOR & ALL THAT LAKEVIEW HAS TO OFFER FROM THIS RARELY AVAILABLE/TURN-KEY/UPDATED/POTENTIALLY CASH-FLOW POSITIVE GORGEOUS BRICK 2-FLAT (NEW ROOF-2016) ON ONE OF GRACELAND WEST'S PREMIER TREE-LINED STREETS;PERFECT FOR OWNER-OCCUPANT OR INVESTOR W/AMAZING 3BD+DEN/OFFICE+FAMILY ROOM/2BA OWNER'S DUPLEX DOWN W/GRANITE/SS KITCHEN & UPDATED BATHS INCL JET TUB IN MAIN LEVEL BATH & 2BD+DEN/2BA TOP-FLOOR WITH SAME LEVEL OF FINISHES;INDIV GAS/ELECTRIC W/CENTRAL AIR AND GAS-FORCED HEAT AS WELL AS IN-UNIT W/D IN EACH UNIT;PERFECT OWNER-OCCUPIED 2-FLAT,SFH CONVERSION CANDIDATE OR BUY/HOLD & RENT OUT BOTH UNITS;UNITS ARE NEVER VACANT & EACH HAS A LARGE PRIVATE DECK OFF OF THE KITCHENS;2-CAR GARAGE & GREAT BACK YARD!

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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,C,D,E,F,I,N,P,S
  • Appliances Unit 2A,B,C,D,E,F,I,N,P,S
Schools
  • Grade SchoolRAVENSWOOD ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolLAKE VIEW HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 6% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 9% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $49,800 Monthly $4,150
Rental Income Stabilized : Annual $57,984 Monthly $4,832
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$799,5002$399,7503.04%16.050.60%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,150$4,832
Year Total$49,800$57,984
Expense
Total$25,521$25,521
Net Operating Income$24,279$32,463
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9674 $26786 $36460 $3039
Total         $9,674 $26,786 $36,460   $-12,181 $9,674 $-2,507
Stabilized         $9,674 $26,786 $36,460   $-3,997 $9,674 $5,677
Custom         $9674 $26786 $36460   $-3997 $9674 $5677




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1599,6253,0397902,2497902,2493,039
2598,8353,0397932,2461,5844,4946,078
3598,0413,0397962,2432,3806,7379,117
4597,2453,0397992,2403,1798,97712,156
5596,4463,0398022,2373,98211,21315,195
6595,6433,0398052,2344,78713,44718,234
7594,8383,0398082,2315,59515,67821,273
8594,0303,0398112,2286,40717,90524,312
9593,2183,0398142,2257,22120,13027,351
10592,4043,0398172,2228,03922,35130,390
11591,5863,0398212,2188,85924,57033,429
12590,7663,0398242,2159,68326,78536,468
13589,9423,0398272,21210,51028,99739,507

Explore Nearby Neighborhoods

LakeviewNearby Neighborhoods X Plus Real Estate

Lakeview

Irving ParkNearby Neighborhoods X Plus Real Estate

Irving Park

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

Listing Agent: Mario Greco
Listing Office: Berkshire Hathaway HomeServices KoenigRubloff
540 N. Paulina Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.