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3 Flat 3327 Pierce Humboldt Park Chicago IL Mu In

City: CHICAGO ZIP: 60651

Built In: U

Lot Size: A

Lot Dimensions: 25X124

# of Units: 3

Unit 1 Floor L: 2 bedrooms 2 baths $1600

Unit 2 Floor 1: 3 bedrooms 2 baths $2100

Unit 3 Floor 2: 3 bedrooms 2 baths $2100

Detailed Listing Description

Exquisitely rehabbed 3 unit building in booming Humboldt Park! Unit count consists of a 2bed2bath and 3bed / 2bath units on the second and third. Second floor has it's own private front entrance. All units include in unit laundry, en-suite bathrooms, separate mechanicals and individual outdoor space, in addition large floor plan and open kitchen concept including an island, shaker style cabinetry, stone counter tops and stainless-steel appliances with a3 car parking pad in the rear. Walking distance to the CTA, Humboldt Park, 606 Trail, Award winning Roesers Bakery, and tons of other restaurants. Projected Rents are $1600, $2100 and $2100.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Appliances Unit 1A,B,C,D,E,F,I,N,P,X
  • Appliances Unit 2A,B,C,D,E,F,I,N,P,S,X
  • Appliances Unit 3A,B,C,D,E,F,I,N,P,S,X
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 184% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 126% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $69,600 Monthly $5,800
Rental Income Stabilized : Annual $59,400 Monthly $4,950
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,800$4,950
Year Total$69,600$59,400
Net Operating Income$49,846$39,646
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $8452 $23402 $31854 $2655
Total         $8,452 $23,402 $31,854   $17,992 $8,452 $26,444
Stabilized         $8,452 $23,402 $31,854   $7,792 $8,452 $16,244
Custom         $8452 $23402 $31854   $7792 $8452 $16244

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Christopher Norton
Listing Office: @properties
360 .w. hubbard Unit 1212 Chicago

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