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4 Flat 323 116th West Pullman Chicago IL Mu

City: CHICAGO ZIP: 60628

Built In: 1898

Lot Size: K

Lot Dimensions: 25X178

Lot Description: H

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 1: 2 bedrooms 1 baths $500

Unit 4 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

**Great Investment in West Pullman!~Remodeled 4 Flat on a Huge Oversized Lot!~Each Unit has 2 Bedroom 1 Bath~4 Newer Furnaces, Each Unit has Own Water Heater & Electrical Boxes~Balcony on 1st & 2nd Floor, Fenced in Yard & Detached 2 Car Garage~Priced to Sell!~Sold As-Is~This is One You Don't Want to Miss!**

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
  • Tenant Pays Unit 3A
  • Tenant Pays Unit 4A
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60628

Listings in this Zip Code average: 2 to 3 units, and are priced at $83,672 to $121,583
This listing is 5% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Pullman

Listings in this Neighborhood average: 2 to 3 units, with average prices of $71,833 to $92,225
This listing is 21% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $6,000 Monthly $500
Rental Income Stabilized : Annual $4,326 Monthly $361
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$99,9004$24,975-9.38%16.654.33%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$500$361
Year Total$6,000$4,326
Expense
Total$15,372$15,372
Net Operating Income$-9,372$-11,046
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1209 $3347 $4556 $380
Total         $1,209 $3,347 $4,556   $-13,928 $1,209 $-12,719
Stabilized         $1,209 $3,347 $4,556   $-15,602 $1,209 $-14,393
Custom         $1209 $3347 $4556   $-15602 $1209 $-14393




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
174,9253809928199281380
274,82638099281198562760
374,7273801002802988421,140
474,6273801002803981,1221,520
574,5273801012794991,4011,900
674,4263801012796001,6802,280
774,3253801012797011,9592,660
874,2243801022788032,2373,040
974,1223801022789052,5153,420
1074,0203801022781,0072,7933,800
1173,9183801032771,1103,0704,180
1273,8153801032771,2133,3474,560
1373,7123801042761,3173,6234,940

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Listing Agent: Alex Corona
Listing Office: Keller Williams Elite

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.