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

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 637 Avers Humboldt Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60624

Built In: 1898

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $900

Unit 2 Floor 2: 2 bedrooms 1 baths $900

Gross Income $30,000

Detailed Listing Description

Brick two flat with finished basement in Humboldt Park! Building was rehabbed from top to bottom few years ego. Each unit has two bedrooms and formal dining room, plus enclosed porch. Separate gas and electric. Do not disturb tenants, minimum 24 hour notice for showing.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • 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,I,S
  • Appliances Unit 2A,B,I
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 80% 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 5% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $21,600 Monthly $1,800
Rental Income Stabilized : Annual $25,200 Monthly $2,100
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$235,0002$117,5002.84%10.880.89%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,800$2,100
Year Total$21,600$25,200
Expense
Total$14,933$14,933
Net Operating Income$6,667$10,267
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2844 $7874 $10718 $894
Total         $2,844 $7,874 $10,718   $-4,051 $2,844 $-1,207
Stabilized         $2,844 $7,874 $10,718   $-451 $2,844 $2,393
Custom         $2844 $7874 $10718   $-451 $2844 $2393




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1176,250894233661233661894
2176,0178942346604671,3211,788
3175,7838942356597021,9802,682
4175,5488942366589382,6383,576
5175,3128942376571,1743,2964,470
6175,0768942376571,4123,9525,364
7174,8388942386561,6504,6086,258
8174,6008942396551,8895,2637,152
9174,3618942406542,1295,9178,046
10174,1218942416532,3706,5708,940
11173,8808942426522,6127,2229,834
12173,6388942436512,8557,87310,728
13173,3958942446503,0998,52311,622

Explore Nearby Neighborhoods

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

LakeviewNearby Neighborhoods X Plus Real Estate

Lakeview

Listing Agent: Sohe Reyes
Listing Office: Smart Home Realty
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.