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2 Flat 2631 Bosworth Lincoln Park Chicago IL Mu I

City: CHICAGO ZIP: 60614

Built In: U

Lot Size: K

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 2: 4 bedrooms 2 baths $0

Detailed Listing Description

Finally! The opportunity to own a property with an incredible value and endless possibilities is here!! This property needs someone to come and spruce it up, be that person! GREAT LOCATION! Situated within close proximity to Wrightwood Park, De Paul university, Lincoln Park, I90 expressway, public transportation, stores, restaurants and more. Just imagine what this two story, multifamily, unpolished gem can become! GREAT INVESTMENT OPPORTUNITY YOU DO NOT WANT TO PASS ON!! Hurry, schedule your showing today!

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 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 6% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 0% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $15,648 Monthly $1,304
Rental Income Stabilized : Annual $19,560 Monthly $1,630
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$759,9002$379,950-1.46%48.560.21%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,304$1,630
Year Total$15,648$19,560
Expense
Total$26,779$26,779
Net Operating Income$-11,131$-7,219
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9195 $25459 $34654 $2888
Total         $9,195 $25,459 $34,654   $-45,785 $9,195 $-36,590
Stabilized         $9,195 $25,459 $34,654   $-41,873 $9,195 $-32,678
Custom         $9195 $25459 $34654   $-41873 $9195 $-32678




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1569,9252,8887512,1377512,1372,888
2569,1742,8887542,1341,5044,2725,776
3568,4212,8887562,1322,2616,4038,664
4567,6642,8887592,1293,0208,53211,552
5566,9052,8887622,1263,78210,65814,440
6566,1432,8887652,1234,54712,78117,328
7565,3782,8887682,1205,31514,90120,216
8564,6102,8887712,1176,08617,01823,104
9563,8392,8887742,1146,85919,13325,992
10563,0662,8887772,1117,63621,24428,880
11562,2892,8887792,1098,41523,35331,768
12561,5102,8887822,1069,19825,45834,656
13560,7272,8887852,1039,98327,56137,544

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Listing Agent: Angel Aguilar
Listing Office: RE/MAX Fidelity
2137 N Cicero Ave. Chicago

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