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2 Flat 2315 Armitage Logan Square Chicago IL Mu I

City: CHICAGO ZIP: 60647

Built In: 2018

Lot Size: A

Lot Dimensions: 24 X 100

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $4800

Unit 2 Floor 2: 3 bedrooms 3 baths $5500

Detailed Listing Description

Luxury new construction multi family (2 duplexes) building within walking distance to Blue Line and close to 606 Bloomingdale trail. All masonry building with spray foam insulation. Garage parking for each unit. Security system & intercom. Open floor plan, 10' ceiling, 8' solid core doors, Italian engineered hardwood flooring. Custom made kitchen cabinets, "Fisher&Paykel" SS appliances, quartz counter top. Steam showers, heated floor, bubble baths in master bath. Radiant floor in the lower level. Roof top deck, deck above the garage, steel porches, balconies. To many to list, please check spec sheet under additional information.

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 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E,F,G,I,N,P,Q,S,U,X
  • Appliances Unit 2A,B,C,D,E,F,G,I,N,P,Q,S,U,X
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 188% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 178% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $123,600 Monthly $10,300
Rental Income Stabilized : Annual $97,008 Monthly $8,084
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,495,0002$747,5007.26%12.100.54%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$10,300$8,084
Year Total$123,600$97,008
Expense
Total$15,039$15,039
Net Operating Income$108,561$81,969
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $18089 $50087 $68176 $5682
Total         $18,089 $50,087 $68,176   $40,385 $18,089 $58,474
Stabilized         $18,089 $50,087 $68,176   $13,793 $18,089 $31,882
Custom         $18089 $50087 $68176   $13793 $18089 $31882




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
11,121,2505,6821,4774,2051,4774,2055,682
21,119,7735,6821,4834,1992,9608,40411,364
31,118,2905,6821,4884,1944,44912,59717,046
41,116,8015,6821,4944,1885,94316,78522,728
51,115,3075,6821,5004,1827,44220,96828,410
61,113,8085,6821,5054,1778,94725,14534,092
71,112,3035,6821,5114,17110,45829,31639,774
81,110,7925,6821,5174,16511,97533,48145,456
91,109,2755,6821,5224,16013,49737,64151,138
101,107,7535,6821,5284,15415,02541,79556,820
111,106,2255,6821,5344,14816,55945,94362,502
121,104,6915,6821,5394,14318,09850,08668,184
131,103,1525,6821,5454,13719,64354,22373,866

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Listing Agent: Galina Bytchenok
Listing Office: GB Group
817 Wilkinson Pkwy Park Ridge

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