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2 Flat 580 Ingraham Calumet City IL Mu

City: CALUMET CITY ZIP: 60409

Built In: 1909

Lot Size: L

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

CLASSIC BRICK 2 FLAT, SOLD AS-IS AND READY FOR A NEW FAMILY. EXCELLENT PRICE. THIS HOME IS BEING SOLD AS-IS BUT IS NOT BANK OWNED AND NOT A SHORT SALE. LOCALLY OWNED AND MOTIVATED TO SELL. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. SPECIAL WARRANTY DEED AT CLOSING. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER DOCUMENTS.

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 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District155
  • Jr High/Middle School District155
  • High School District155

Comparative Data

Zip Code Comparison: 60409

Listings in this Zip Code average: 4 to 5 units, and are priced at $164,109 to $138,975
This listing is 42% more than other 2 unit listings in this zipcode.

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

Calculated Rents
Rental Income : Annual $1,593 Monthly $133
Rental Income Stabilized : Annual $1,991 Monthly $166
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$59,5002$29,750-13.11%37.363.35%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$133$166
Year Total$1,593$1,991
Expense
Total$9,396$9,396
Net Operating Income$-7,803$-7,405
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $720 $1994 $2714 $227
Total         $720 $1,994 $2,714   $-10,517 $720 $-9,797
Stabilized         $720 $1,994 $2,714   $-10,119 $720 $-9,399
Custom         $720 $1994 $2714   $-10119 $720 $-9399




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
144,6252276016760167227
244,56522760167120334454
344,50522760167180501681
444,44522760167240668908
544,385227611663018341,135
644,324227611663611,0011,362
744,264227611664221,1671,589
844,203227611664841,3321,816
944,141227611665451,4982,043
1044,080227621656071,6632,270
1144,018227621656691,8282,497
1243,956227621657311,9932,724
1343,894227621657932,1582,951

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Listing Agent: Timothy Gray
Listing Office: The Chicagoland RE Auction Co.
1642 North Claremont Chicago

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