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2 Flat 1629 St Louis Humboldt Park Chicago IL Mu

City: CHICAGO ZIP: 60647

Built In: 1886

Lot Size: L

Lot Dimensions: 25 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $650

Unit 2 Floor 2: 3 bedrooms 1 baths $N/A

Detailed Listing Description

GREAT OPPORTUNITY TO OWN THIS BUILDING 2 AND 3 BEDROOM WITH SEPARATE DINING ROOM SEPARATE HOT WATER TANK NEW KITCHEN CABINETS ON 2ND FLOOR ROOF 5/6 YEARS OLD OUTDOOR STORAGE SHED 2.5 CAR GARAGE TENANTS PAY FOR THEIR OWN HEAT, GAS, ELECTRIC (2ND FLOOR SPACE HEAT 1ST FLOOR FORCED AIR) GOOD CONDITION BUT IN NEED OF UPDATING AND A LOT OF TLC

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2.5
  • 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 1O
  • Appliances Unit 2O
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 29% more than other 2 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 65% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $26,940 Monthly $2,245
Rental Income Stabilized : Annual $38,016 Monthly $3,168
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$369,8972$184,9493.75%13.730.86%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,245$3,168
Year Total$26,940$38,016
Expense
Total$13,071$13,071
Net Operating Income$13,869$24,945
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4476 $12393 $16869 $1406
Total         $4,476 $12,393 $16,869   $-3,000 $4,476 $1,476
Stabilized         $4,476 $12,393 $16,869   $8,076 $4,476 $12,552
Custom         $4476 $12393 $16869   $8076 $4476 $12552




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1277,4231,4063661,0403661,0401,406
2277,0571,4063671,0397332,0792,812
3276,6901,4063681,0381,1013,1174,218
4276,3221,4063701,0361,4714,1535,624
5275,9521,4063711,0351,8425,1887,030
6275,5811,4063731,0332,2156,2218,436
7275,2081,4063741,0322,5897,2539,842
8274,8341,4063751,0312,9648,28411,248
9274,4591,4063771,0293,3419,31312,654
10274,0821,4063781,0283,71910,34114,060
11273,7041,4063801,0264,09911,36715,466
12273,3241,4063811,0254,48012,39216,872
13272,9431,4063821,0244,86213,41618,278

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Listing Agent: Alma Olvera
Listing Office: RE/MAX Synergy
9820 S Pulaski Unit 104 Oak Lawn

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