2 Flat 1402 Chestnut West Town Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 1402 Chestnut West Town Chicago IL Mu Inve

City: CHICAGO ZIP: 60642

Built In: 1887

Lot Size: A

Lot Dimensions: 24X128

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $2000

Unit 2 Floor 2: 2 bedrooms 1 baths $2000

Detailed Listing Description

Noble Square 2 flat. 2 Bed Plus Office/Den Space. And 3 bedroom 2 full bath. Hardwood Floors. Central A/C and Heating. Garage Parking. Walk to Everything Ukrainian Village, East Village, Wicker Park and Bucktown Have to Offer. Chicago Blue line .5 Miles Away. Across from Eckhart Park. Easy Expressway Access.

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,F,I
  • Appliances Unit 2A,B,F,I
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60642

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,047,408 to $1,264,667
This listing is 9% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 5% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $48,000 Monthly $4,000
Rental Income Stabilized : Annual $73,296 Monthly $6,108
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$625,0002$312,5004.43%13.020.98%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,000$6,108
Year Total$48,000$73,296
Expense
Total$20,282$20,282
Net Operating Income$27,718$53,014
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7563 $20940 $28503 $2376
Total         $7,563 $20,940 $28,503   $-785 $7,563 $6,778
Stabilized         $7,563 $20,940 $28,503   $24,511 $7,563 $32,074
Custom         $7563 $20940 $28503   $24511 $7563 $32074




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1468,7502,3766181,7586181,7582,376
2468,1322,3766211,7551,2393,5134,752
3467,5112,3766231,7531,8625,2667,128
4466,8882,3766251,7512,4877,0179,504
5466,2632,3766281,7483,1148,76611,880
6465,6362,3766301,7463,74410,51214,256
7465,0062,3766321,7444,37612,25616,632
8464,3742,3766351,7415,01113,99719,008
9463,7392,3766371,7395,64815,73621,384
10463,1022,3766391,7376,28717,47323,760
11462,4632,3766421,7346,92919,20726,136
12461,8212,3766441,7327,57320,93928,512
13461,1772,3766471,7298,22022,66830,888

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Listing Agent: Cheryl Reimer
Listing Office: Mark Allen Realty, LLC
6127 N Ravenswood Ave Chicago

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