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2 Flat 6037 Lawrence Portage Park Chicago IL Mu I

City: Chicago ZIP: 60630

Built In: 1955

Lot Size: L

Lot Dimensions: 30X147

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1200

Unit 2 Floor 2: 2 bedrooms 1 baths $1100

Detailed Listing Description

Location, location, location!! Great investment potential or owner occupied. All brick two flat with full finished basement. Each unit features two bedrooms, spacious living area, eat-in-kitchens and enclosed porch. Oak hardwood flooring throughout. Separate utilities. Large storage area. Great size backyard. Convenient location close to schools, transportation, and shopping. Quiet street. Landlock property. Garage used for storage only. Sold "as-is".

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,D
  • Tenant Pays Unit 2B,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade SchoolSMYSER ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolSMYSER ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolTAFT HIGH SCHOOL
  • 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 8% 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 19% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $27,600 Monthly $2,300
Rental Income Stabilized : Annual $35,520 Monthly $2,960
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$419,9002$209,9502.39%15.210.70%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,300$2,960
Year Total$27,600$35,520
Expense
Total$17,585$17,585
Net Operating Income$10,015$17,935
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5081 $14068 $19149 $1596
Total         $5,081 $14,068 $19,149   $-9,134 $5,081 $-4,053
Stabilized         $5,081 $14,068 $19,149   $-1,214 $5,081 $3,867
Custom         $5081 $14068 $19149   $-1214 $5081 $3867




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1314,9251,5964151,1814151,1811,596
2314,5101,5964171,1798322,3603,192
3314,0931,5964181,1781,2503,5384,788
4313,6751,5964201,1761,6694,7156,384
5313,2561,5964211,1752,0915,8897,980
6312,8341,5964231,1732,5147,0629,576
7312,4111,5964241,1722,9388,23411,172
8311,9871,5964261,1703,3649,40412,768
9311,5611,5964281,1683,79210,57214,364
10311,1331,5964291,1674,22111,73915,960
11310,7041,5964311,1654,65212,90417,556
12310,2731,5964321,1645,08414,06819,152
13309,8411,5964341,1625,51815,23020,748

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Listing Agent: Angela Hotca-Roos
Listing Office: Berkshire Hathaway HomeServices KoenigRubloff
1786 Camden Dr Glenview

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