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2 Flat 2747 Carmen Lincoln Square Chicago IL Mu I

City: CHICAGO ZIP: 60625

Built In: 1920

Lot Size: A

Lot Dimensions: 30'X125'

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $2000

Unit 2 Floor 2: 3 bedrooms 1 baths $2000

Detailed Listing Description

Amazing 2 FLAT IN THE HEART OF LINCOLN SQUARE! You get 2 spacious units for the price of 1! Each unit offers 3 bedrooms with closets in each, 1 full bath, fire place, Living room, Dining room, Kitchen with all of the appliances. Hardwood floors hiding under the carpet just waiting to be finished! Walk out basement with laundry hook up. Separate meters. 4 year old boiler, new chimney, newer roof. Big backyard! Ready for your family cookouts or for you to build a 2 car garage. Plenty of parking in the street. Walking distance to hospitals, Universities, transportation, shopping and many, many restaurants.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,M,S
  • Appliances Unit 2A,B,M,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 3% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $619,053 to $787,600
This listing is 13% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $48,000 Monthly $4,000
Rental Income Stabilized : Annual $38,412 Monthly $3,201
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$540,0002$270,0007.03%11.250.59%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,000$3,201
Year Total$48,000$38,412
Expense
Total$10,029$10,029
Net Operating Income$37,971$28,383
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6534 $18092 $24626 $2053
Total         $6,534 $18,092 $24,626   $13,345 $6,534 $19,879
Stabilized         $6,534 $18,092 $24,626   $3,757 $6,534 $10,291
Custom         $6534 $18092 $24626   $3757 $6534 $10291




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1405,0002,0535341,5195341,5192,053
2404,4662,0535361,5171,0713,0354,106
3403,9292,0535381,5151,6094,5506,159
4403,3912,0535401,5132,1496,0638,212
5402,8512,0535421,5112,6917,57410,265
6402,3092,0535441,5093,2369,08212,318
7401,7642,0535461,5073,78210,58914,371
8401,2182,0535481,5054,33112,09316,424
9400,6692,0535501,5034,88113,59618,477
10400,1192,0535531,5005,43415,09620,530
11399,5662,0535551,4985,98816,59522,583
12399,0122,0535571,4966,54518,09124,636
13398,4552,0535591,4947,10419,58526,689

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Listing Agent: Giovanna Schmieder
Listing Office: Keller Williams Infinity
961 Omaha Drive Yorkville

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