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2 Flat 4620 Karlov Albany Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60630

Built In: 1910

Lot Size: K

Lot Dimensions: 25 X 128

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1450

Unit 2 Floor 2: 4 bedrooms 1 baths $2000

Gross Income $3,450

Net Op. Income $3,700

Detailed Listing Description

NICE 2 FLAT WITH DUPLEX UP INTO ATTIC.GOOD RENTAL INCOM, BOTH UNITS ARE RENTED OUT MOMTH TO MONTH, GARAGE IS RENTED OUT FOR $200 PLUS COIN LAUNDRY, ALL SEPARATE UTILITIES, 2 HVAC SYSTEMS, NEWER SIDING, WINDOWS, KITCHEN, BATHS AND FLOORING. 1 FLOOR APT IS OPEN & ROOMY W/NEWER FLOORING & W/D. NEW FRONT AND BACK STAIRWAY AND NICE BACKYARD. GREAT AREA!

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 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,C,D,F,S
  • Appliances Unit 2A,B,E,F,N
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 7% more than other 2 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 6% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $41,400 Monthly $3,450
Rental Income Stabilized : Annual $40,800 Monthly $3,400
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$360,0002$180,0007.18%8.700.94%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,450$3,400
Year Total$41,400$40,800
Expense
Total$15,544$15,544
Net Operating Income$25,856$25,256
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4356 $12061 $16417 $1369
Total         $4,356 $12,061 $16,417   $9,439 $4,356 $13,795
Stabilized         $4,356 $12,061 $16,417   $8,839 $4,356 $13,195
Custom         $4356 $12061 $16417   $8839 $4356 $13195




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1270,0001,3693571,0133571,0131,369
2269,6441,3693581,0117142,0242,738
3269,2861,3693591,0101,0743,0334,107
4268,9261,3693611,0081,4344,0425,476
5268,5661,3693621,0071,7965,0496,845
6268,2041,3693631,0062,1596,0558,214
7267,8411,3693651,0042,5247,0599,583
8267,4761,3693661,0032,8908,06210,952
9267,1101,3693671,0023,2579,06412,321
10266,7431,3693691,0003,62610,06413,690
11266,3741,3693709993,99611,06315,059
12266,0041,3693719984,36712,06116,428
13265,6331,3693739964,74013,05717,797

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Listing Agent: Farhan Siddique
Listing Office: Selective Realty Services Inc
5838 Keeney St Morton Grove

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