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4 Flat 1708 Kedvale Humboldt Park Chicago IL Mu I

City: CHICAGO ZIP: 60639

Built In: 1905

Lot Size: L

Lot Dimensions: 25 X 125

Lot Description: H

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $650

Unit 2 Floor 2: 4 bedrooms 2 baths $1500

Unit 3 Floor 1: 2 bedrooms 1 baths $650

Unit 4 Floor 2: 3 bedrooms 1 baths $800

Detailed Listing Description

Wow! Discover this Legal 4 Flat in hot West Humboldt Park! Front Building features: 1st floor with 2 bedrooms 1 bath while the 2nd Floor Owner's unit is Duplexed with 7 Rooms, 4 Bedrooms, 2 baths, Central Heat & A/C, New carpeting, Newer bath vanities, Hardwood floors and soaring Cathedral Ceiling. Rear Building features: 1st floor with 2 bedrooms 1 bath while 2nd floor has 3 bedrooms 1 bath. Note: All tenants pay separate utilities, are Long term tenants on MTM tenancy (Rents could be higher). All 4 units have Central Heat, Stove, Refrigerator, and 100 amp C/B each. Street Permit parking as there is No Garage. Live Mortgage Free in one unit and let your Tenants pay the Mortgage! 24-hour notice to show!

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B,Q,S
  • Appliances Unit 2A,B,E,F,I,P,Q,R,S
  • Appliances Unit 3A,B,Q
  • Appliances Unit 4A,B,Q
Schools
  • Grade School District99
  • Jr High/Middle School District99
  • High School District299

Comparative Data

Zip Code Comparison: 60639

Listings in this Zip Code average: 2 to 3 units, and are priced at $280,900 to $319,732
This listing is 8% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 38% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $43,200 Monthly $3,600
Rental Income Stabilized : Annual $62,016 Monthly $5,168
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$399,0004$99,7504.71%9.241.30%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,600$5,168
Year Total$43,200$62,016
Expense
Total$24,388$24,388
Net Operating Income$18,812$37,628
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4828 $13368 $18196 $1517
Total         $4,828 $13,368 $18,196   $616 $4,828 $5,444
Stabilized         $4,828 $13,368 $18,196   $19,432 $4,828 $24,260
Custom         $4828 $13368 $18196   $19432 $4828 $24260




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1299,2501,5173951,1223951,1221,517
2298,8551,5173961,1217912,2433,034
3298,4591,5173981,1191,1893,3624,551
4298,0611,5173991,1181,5884,4806,068
5297,6621,5174011,1161,9895,5967,585
6297,2611,5174021,1152,3916,7119,102
7296,8591,5174041,1132,7957,82410,619
8296,4551,5174051,1123,2008,93612,136
9296,0501,5174071,1103,60710,04613,653
10295,6431,5174081,1094,01511,15515,170
11295,2351,5174101,1074,42512,26216,687
12294,8251,5174111,1064,83713,36718,204
13294,4131,5174131,1045,25014,47119,721

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Listing Agent: Israel Fuentes
Listing Office: RE/MAX 10
6829 West 63rd Street Chicago

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