3 Flat 4637 Monticello Albany Park Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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3 Flat 4637 Monticello Albany Park Chicago IL Mu

City: CHICAGO ZIP: 60625

Built In: 1919

Lot Size: L

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1300

Unit 2 Floor 2: 3 bedrooms 1 baths $OWN

Unit 3 Floor 3: 3 bedrooms 1 baths $0

Detailed Listing Description

Albany Park gem! This true 3 unit boasts 3 bedrooms in each unit with possible 4th tandem bedroom or walk in closet in each; large closets in each bedroom, hardwood floors throughout, 42 inch cabinets, stainless steel appliances, marble countertops, jacuzzi and electric/gas fireplace. 1st unit has cherry cabinets and cherry hardwood floors. Each unit has its own Central air/furnace unit; Generous sized storage area in the basement for each unit, which includes each units own private laundry area as well. Smart water meters installed for each unit; sensor lights throughout building; 6 parking spaces in the rear, two spaces per unit. Close to public transportation, Brown Line, junior high school, park, shopping. Excellent potential as investment and/or condo conversions!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces6
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,L,S
  • Appliances Unit 2A,B,C,D,E,F,I,L
  • Appliances Unit 3A,B,C,D,E,F,I,L
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 0% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 18% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $33,156 Monthly $2,763
Rental Income Stabilized : Annual $57,300 Monthly $4,775
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$649,0003$216,3331.98%19.570.74%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,763$4,775
Year Total$33,156$57,300
Expense
Total$20,277$20,277
Net Operating Income$12,879$37,023
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7853 $21744 $29597 $2467
Total         $7,853 $21,744 $29,597   $-16,718 $7,853 $-8,865
Stabilized         $7,853 $21,744 $29,597   $7,426 $7,853 $15,279
Custom         $7853 $21744 $29597   $7426 $7853 $15279




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1486,7502,4676421,8256421,8252,467
2486,1082,4676441,8231,2863,6484,934
3485,4642,4676471,8201,9325,4697,401
4484,8182,4676491,8182,5817,2879,868
5484,1692,4676511,8163,2339,10212,335
6483,5172,4676541,8133,88610,91614,802
7482,8642,4676561,8114,54312,72617,269
8482,2072,4676591,8085,20114,53519,736
9481,5492,4676611,8065,86316,34022,203
10480,8872,4676641,8036,52618,14424,670
11480,2242,4676661,8017,19219,94527,137
12479,5582,4676691,7987,86121,74329,604
13478,8892,4676711,7968,53223,53932,071

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Listing Agent: Teresa Ramirez
Listing Office: Chicago Premier Realty, Inc.
4415 W. Fullerton Chicago

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