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2 Flat 3206 Diversey Avondale Chicago IL Mu Inves

City: CHICAGO ZIP: 60647

Built In: 1913

Lot Size: L

Lot Dimensions: 25 X 125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $1970

Unit 2 Floor 2: 3 bedrooms 1 baths $1700

Detailed Listing Description

SOLID BRICK TWO FLAT IN FANTASTIC WALK-TO-EVERYTHING LOCATION IN RED HOT LOGAN SQUARE! THIS BUILDING HAS BEEN METICULOUSLY MAINTAINED & IS FULLY RENTED. UNIT 1 IS A 3 BR/2 BTH DUPLEX DOWN. UNIT 2 IS A 3 BR/1 BTH SIMPLEX. BOTH UNITS FEATURE OPEN LAYOUTS W/ SEPARATE LIVING RMS & DINING RMS, LARGE BR'S, UPDATED KITCHENS & BTH'S, HARDWOOD FLOORS, PRIVATE DECKS & GAS FORCED AIR HEAT/CENTRAL AIR. UNIT 1 HAS AN IN-UNIT WASHER & DRYER. BUILDING FEATURES LARGE YARD & 2-CAR GARAGE. THIS IS AN EXCELLENT INVESTMENT IN AN A+ LOCATION.

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
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,S
  • Appliances Unit 2A,B,E,I,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 4% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 13% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $44,040 Monthly $3,670
Rental Income Stabilized : Annual $50,664 Monthly $4,222
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$499,0002$249,5005.43%11.330.85%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,670$4,222
Year Total$44,040$50,664
Expense
Total$16,930$16,930
Net Operating Income$27,110$33,734
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6038 $16718 $22756 $1897
Total         $6,038 $16,718 $22,756   $4,354 $6,038 $10,392
Stabilized         $6,038 $16,718 $22,756   $10,978 $6,038 $17,016
Custom         $6038 $16718 $22756   $10978 $6038 $17016




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1374,2501,8974941,4034941,4031,897
2373,7561,8974951,4029892,8053,794
3373,2611,8974971,4001,4864,2055,691
4372,7641,8974991,3981,9855,6037,588
5372,2651,8975011,3962,4866,9999,485
6371,7641,8975031,3942,9898,39311,382
7371,2611,8975051,3923,4949,78513,279
8370,7561,8975071,3904,00111,17515,176
9370,2491,8975091,3884,50912,56417,073
10369,7411,8975101,3875,02013,95018,970
11369,2301,8975121,3855,53215,33520,867
12368,7181,8975141,3836,04616,71822,764
13368,2041,8975161,3816,56318,09824,661

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Listing Agent: Ian Schwartz
Listing Office: Coldwell Banker Residential
2022 North Clifton Chicago

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