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2 Flat 3044 Irving Park Irving Park Chicago IL Mu

City: CHICAGO ZIP: 60618

Built In: 1904

Lot Size: A

Lot Dimensions: 25X123

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

PROPERTY SOLD 'AS IS.' CASH ONLY. TEAR DOWN OR TOTAL REHAB. THE BUYER IS RESPONSIBLE FOR ANY CITY VIOLATIONS AND OTHER GOVERNMENT ISSUES. THIS IS A REGULAR SALE. CLOSE TO TRANSPORTATION AND SHOPS, LOCATED RIGHT ON IRVING PARK ROAD. LISTING BROKER AND SELLER ASSUME NO RESPONSIBILITY AND MAKE NO GUARANTEES/WARRANTIES AS TO AVAILABILITY OR OTHER INFORMATIONS DEPICTED/DESCRIBED IN THIS LISTING.

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

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 33% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 26% 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 $30,182 Monthly $2,515
Rental Income Stabilized : Annual $37,728 Monthly $3,144
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$320,0002$160,0004.00%10.600.98%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,515$3,144
Year Total$30,182$37,728
Expense
Total$17,388$17,388
Net Operating Income$12,794$20,340
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3872 $10721 $14593 $1217
Total         $3,872 $10,721 $14,593   $-1,799 $3,872 $2,073
Stabilized         $3,872 $10,721 $14,593   $5,747 $3,872 $9,619
Custom         $3872 $10721 $14593   $5747 $3872 $9619




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1240,0001,2173179003179001,217
2239,6831,2173188996351,7992,434
3239,3651,2173198989552,6963,651
4239,0451,2173218961,2753,5934,868
5238,7251,2173228951,5974,4886,085
6238,4031,2173238941,9205,3827,302
7238,0801,2173248932,2446,2758,519
8237,7561,2173258922,5707,1669,736
9237,4301,2173278902,8968,05710,953
10237,1041,2173288893,2248,94612,170
11236,7761,2173298883,5539,83413,387
12236,4471,2173308873,88310,72114,604
13236,1171,2173328854,21511,60615,821

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Listing Agent: Megan Ashbrook
Listing Office: Ashbrook Realty, LLC
5806 W Dakin Chicago

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