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2 Flat 711 Homan Humboldt Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60624

Built In: 1915

Lot Size: A

Lot Dimensions: 25X125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWNR

Unit 2 Floor 2: 2 bedrooms 1 baths $VAC

Detailed Listing Description

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
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,F,M
  • Appliances Unit 2A,B,F,M
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60624

Listings in this Zip Code average: 2 to 3 units, and are priced at $130,267 to $183,760
This listing is 84% more than other 2 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 7% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $22,260 Monthly $1,855
Rental Income Stabilized : Annual $25,200 Monthly $2,100
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$240,0002$120,0003.58%10.780.88%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,855$2,100
Year Total$22,260$25,200
Expense
Total$13,672$13,672
Net Operating Income$8,588$11,528
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2904 $8041 $10945 $913
Total         $2,904 $8,041 $10,945   $-2,357 $2,904 $547
Stabilized         $2,904 $8,041 $10,945   $583 $2,904 $3,487
Custom         $2904 $8041 $10945   $583 $2904 $3487




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1180,000913238675238675913
2179,7629132396744771,3491,826
3179,5239132406737172,0222,739
4179,2839132416729572,6953,652
5179,0439132426711,1993,3664,565
6178,8019132426711,4414,0375,478
7178,5599132436701,6854,7066,391
8178,3159132446691,9295,3757,304
9178,0719132456682,1746,0438,217
10177,8269132466672,4216,7099,130
11177,5799132476662,6687,37510,043
12177,3329132486652,9168,04010,956
13177,0849132496643,1658,70411,869

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Listing Agent: Nicole Filip
Listing Office: City Habitat Realty LLC
3559 Grove Street Evanston

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