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2 Flat 11120 Church Huntley IL Mu Investment

City: HUNTLEY ZIP: 60142

Built In: 1925

Lot Size: A

Lot Dimensions: 72X132

Lot Description: E

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1025

Unit 2 Floor 2: 2 bedrooms 1 baths $900

Detailed Listing Description

Completely renovated two story duplex, turn key investment. First Floor and Second Floor apartments are both 2-bedroom residences. Each unit has separate utilities, entrances and driveways. All appliances including both sets of washer/dryers are included. Each residence has a high efficiency furnace, complete mechanical and interior cosmetic renovation completed. The current owner has done everything to this property! A list of improvements and upgrades is attached under "Additional Information". Both units are currently leased. The large corner lot is 72x132, a very good-sized garage can be added, survey also attached under "Additional Information". Low taxes as well. Each unit is light & bright, original trim, six panel doors, hardwood floors, high ceilings...keeping the historic charm and character with updated mechanicals including electric, and plumbing. Full basement & extra storage spaces too. This property can be kept as a multi-family or converted back to a single family home.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces6
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,G,H
  • Tenant Pays Unit 2B,C,G,H
  • Appliances Unit 1A,B,C,D,F,G,J,P,S
  • Appliances Unit 2A,B,C,D,F,G,J,P
  • Grade School District158
  • Jr High/Middle School District158
  • High School District158

Comparative Data

Zip Code Comparison: 60142

Listings in this Zip Code average: 2 units, and are priced at around $295,000
This listing is 29% more than other 2 unit listings in this zipcode.

Calculated Rents
Rental Income : Annual $23,100 Monthly $1,925
Rental Income Stabilized : Annual $26,400 Monthly $2,200
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,925$2,200
Year Total$23,100$26,400
Net Operating Income$11,538$14,838
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2540 $7033 $9573 $798
Total         $2,540 $7,033 $9,573   $1,965 $2,540 $4,505
Stabilized         $2,540 $7,033 $9,573   $5,265 $2,540 $7,805
Custom         $2540 $7033 $9573   $5265 $2540 $7805

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Tammy Parzygnat
Listing Office: Home Solutions Real Estate
390 Steeplechase Way Lake In The Hills

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