Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2134 Lincoln

City: CHICAGO ZIP: 60614

Built In: U

Lot Size: A

Lot Dimensions: 16X50

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $1750

Unit 2 Floor 2: 3 bedrooms 1 baths $OWN

Detailed Listing Description

Lincoln/Oz Park two unit building w/two exterior parking spaces included. Keep as a two-flat or convert to single-family home. Units are spacious with lots of natural light. Top unit is two-levels w/3-bedrooms and bathroom on top floor. Main floor has kitchen, dining room, powder room, living room. There is a large deck off dining room and smaller deck off living room. Garden level unit is spacious one-bedroom with bathroom, kitchen and ground level patio off dining/living room. Each unit has individual central heat and air, washer/dryer in each unit and hardwood floors. Fee simple ownership with a $480.00 ($240 per unit) monthly assessment. Assessment in this well managed association covers water, sewer, roof, brickwork, fencing, snow removal and basic cable. One pin number and tax bill for both units and the parking spaces. Walk to restaurants, shopping, Oz Park, zoo and lakefront. Great for owner occupied or easy to rent for investor, 12 month minimum for leases. Move in ready

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,F
  • Appliances Unit 2A,B,C,D,E,F
Schools
  • Grade SchoolLINCOLN ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolLINCOLN PARK HIGH SCHOOL
  • 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 5% 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 2% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $43,800 Monthly $3,650
Rental Income Stabilized : Annual $46,800 Monthly $3,900
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$769,0002$384,5002.85%17.560.51%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,650$3,900
Year Total$43,800$46,800
Expense
Total$21,917$21,917
Net Operating Income$21,883$24,883
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9305 $25764 $35069 $2923
Total         $9,305 $25,764 $35,069   $-13,186 $9,305 $-3,881
Stabilized         $9,305 $25,764 $35,069   $-10,186 $9,305 $-881
Custom         $9305 $25764 $35069   $-10186 $9305 $-881




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1576,7502,9237602,1637602,1632,923
2575,9902,9237632,1601,5234,3235,846
3575,2272,9237662,1572,2896,4808,769
4574,4612,9237692,1543,0588,63411,692
5573,6922,9237722,1513,83010,78514,615
6572,9202,9237752,1484,60412,93417,538
7572,1462,9237772,1465,38215,07920,461
8571,3682,9237802,1436,16217,22223,384
9570,5882,9237832,1406,94519,36226,307
10569,8052,9237862,1377,73121,49929,230
11569,0192,9237892,1348,52123,63232,153
12568,2292,9237922,1319,31325,76335,076
13567,4372,9237952,12810,10827,89137,999

Explore Nearby Neighborhoods

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

West TownNearby Neighborhoods X Plus Real Estate

West Town

Irving ParkNearby Neighborhoods X Plus Real Estate

Irving Park

Listing Agent: Brett Novack
Listing Office: @properties
1875 N, DAMEN Chicago

© 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.