2 Flat 5426 Windsor Portage Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 5426 Windsor Portage Park Chicago IL Mu In

City: CHICAGO ZIP: 60630

Built In: 1907

Lot Size: B

Lot Dimensions: 44.5 X 246

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Large, south facing 2 flat on GIANT SIZED LOT in convenient north Portage Park location. Easy access to Jeff Park train/bus station, Montrose Metra, 90/94, Milwaukee Ave, Wilson Park, Starbucks and Jewel at Central/Lawrence. Incredibly deep and wide lot (246 feet deep by 44.5 feet wide) with side drive leading to concrete parking pad + extra parking behind building. Alley in back of the property - could build a new garage or add parking pad there and then use driveway as a side yard. Units are spacious, have high ceilings, are easy to rent and rents are rising in the area. Second floor has office/den - could easily be made into third bedroom by adding a closet. Tall attic offers duplex opportunity. Kitchens have pantry, eat in area. Building has updated copper plumbing plus new front railings and front and back doors. Perfect for a live in owner + income unit or rent out both. Basement has storage and laundry areas with utilities separated for each unit - 2 washers/dryers included

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,C,D,E,S
  • Appliances Unit 2A,B,C,D,E,S
  • 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 10% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 1% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $28,416 Monthly $2,368
Rental Income Stabilized : Annual $35,520 Monthly $2,960
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,368$2,960
Year Total$28,416$35,520
Net Operating Income$10,125$17,229
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4234 $11723 $15957 $1330
Total         $4,234 $11,723 $15,957   $-5,832 $4,234 $-1,598
Stabilized         $4,234 $11,723 $15,957   $1,272 $4,234 $5,506
Custom         $4234 $11723 $15957   $1272 $4234 $5506

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Ralph Deangelis
Listing Office: McHugh Development & Construction INC
267 Churchill Clarendon Hills

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